DDC Enterprise strengthens its Bitcoin treasury with an additional 230 BTC

DDC Enterprise Limited has just purchased an additional 230 Bitcoin ($BTC ), bringing its total Bitcoin holdings to 368 BTC. This move demonstrates the company's strong commitment to integrating Bitcoin as a primary reserve asset, with a yield increase of 48.3% compared to the previous purchase.

Accumulation strategy and funding

This new acquisition raises the average cost per Bitcoin of #DDC to $90,764. The company is pursuing a long-term Bitcoin strategy, with an initial target of 500 BTC in six months and 5,000 BTC in the long term. With 368 BTC currently held, DDC has surpassed its initial short-term target.

This purchase was made after DDC successfully completed a $528 million funding agreement earlier this month, one of the largest fundraising efforts focused on Bitcoin by a publicly listed company on the NYSE. This funding was led by Anson Funds with participation from Animoca Brands and Kenetic Capital, dedicated to purchasing Bitcoin.

DDC is positioning itself as the "optimal public trading vehicle for concentrated Bitcoin exposure and value creation," combining traditional business operations with a focused Bitcoin strategy.