Key Takeaways:
Four public US firms announced $844 million in new funding for Bitcoin investments on June 18.
DDC Enterprise leads with a $528M raise, targeting 5,000 BTC over three years.
Fold Holdings secured a $250M equity facility to expand its BTC treasury.
BitMine confirmed a $16.3M BTC buy after its latest stock offering.
Bitcoin may receive a significant institutional windfall as four publicly traded U.S. firms confirmed plans to purchase up to $844 million worth of BTC, signaling deepening corporate interest in digital assets.
DDC Enterprise targets 5,000 BTC
Hong Kong-based DDC Enterprise Ltd raised $528 million across three deals — including a $300M convertible note and $200M credit facility — to expand its Bitcoin treasury. The company, which aims to build the “world’s most valuable Bitcoin treasury,” acquired its first 21 BTC in May and plans to reach 5,000 BTC holdings.
Fold Holdings raises $250M for BTC buys
Bitcoin services firm Fold Holdings Inc. revealed a $250 million equity purchase facility, with proceeds primarily earmarked for BTC accumulation. Subject to SEC approval, Fold may issue shares via private placement and expand its treasury from its current 1,490 BTC to over 3,800 BTC.
BitMine adds $16.3M in BTC after raise
BitMine Immersion Technologies, a Bitcoin mining and hardware rental firm, disclosed it has bought 154 BTC using $16.3 million from a recent stock offering. The firm purchased its first 100 BTC on June 9 and is now pursuing a dual strategy of mining and direct BTC purchases.
