CoinWorld news, on May 24, according to Businesswire, cross-border consumer goods e-commerce group DDC Enterprise (NYSE: DDC) announced the completion of its first purchase of 21 bitcoins as part of its strategy to include bitcoin in the company's reserves. The company completed this purchase of approximately $2.28 million in bitcoin through the issuance of 254,333 shares of Class A common stock in exchange for equity. DDC plans to complete the remaining purchase of 79 bitcoins in the coming days, at which point its bitcoin reserves will reach 100 bitcoins. The company's founder and CEO Norma Chu disclosed in a letter to shareholders that the goal is to accumulate a total of 500 bitcoins within six months and reach 5,000 bitcoins within three years.