BlockBeats news, August 26, DDC Enterprise Limited ("DDC" or "the Company") today announced the completion of its fourth Bitcoin purchase in August, adding 200 BTC. As a result, the company's total holdings reached 888 BTC, more than doubling from 368 BTC at the beginning of the month.
Purchase Highlights:
· Reserve Growth: 200 new Bitcoin added to reserves, with an average holding cost of $107,447 per BTC.
· Holding Milestone: More than doubled since August 1.
· Yield Improvement: Increased by 1572% compared to the initial purchase in May.
· Shareholder Value: The latest holdings translate to 0.106853 BTC per 1,000 shares of DDC.
DDC Founder, Chairman, and CEO Norma Chu stated: "This month's purchase not only demonstrates our execution capabilities and speed but also reflects our discipline and belief. Achieving a doubling of holdings in just a few weeks amidst the volatility of the Bitcoin market fully showcases our firm commitment to becoming a leading Bitcoin reserve company."
About DDC Enterprise Limited
DDC Enterprise Limited (NYSE: DDC) is leading the wave of corporate Bitcoin treasury while continuing to deepen its Asian food business. The Company has strategically positioned Bitcoin as a core reserve asset and is implementing an active and accelerated accumulation strategy. In addition to continuously expanding its restaurant brand portfolio (DayDayCook, Nona Lim, Yai's Thai), DDC is also at the forefront of incorporating Bitcoin into its corporate financial structure.
