$BTC BTC Treasury Firms Secure $844M in New Funding for #Crypto Purchases
DDC Enterprise has announced the largest commitment among #treasury firms recently, with $528 million across convertible notes and credit facilities for BTC$BTC acquisitions.
The Hong Kong meal company targets 5,000 BTC$BTC over three years as part of its goal to build the "world's most valuable BTC treasury."
Fold Holdings secured a $250 million equity purchase facility primarily intended for additional BTC purchases.
The agreement allows Fold to issue new shares at its discretion, subject to #SEC registration approval.
BitMine Immersion Technologies completed $16.3 million in BTC purchases using proceeds from a recent stock offering.
The mining equipment firm now owns 154.16 BTC bought at an average price of $106,033.
Biotech firm Eyenovia announced a $50 million private placement to build a strategic treasury for HYPE$HYPE tokens.
The company will acquire over 1 million #Hyperliquid tokens worth $40.1 million and rebrand to "Hyperion DeFi."
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