BlockBeats news, August 28, DDC Enterprise Limited ("DDC" or "the Company") today announced the completion of its fifth Bitcoin purchase in August, adding another 120 BTC. As a result, the company's total holdings have reached 1008 BTC, more than doubling from 368 BTC at the beginning of the month.
DDC founder, chairman, and CEO Norma Chu stated: "This month's purchase not only demonstrates our execution capability and speed, but also reflects our discipline and belief. In the context of volatility in the Bitcoin market, achieving a doubling of holdings in just a few weeks fully showcases our strong determination to become a leading Bitcoin reserve company."
About DDC Enterprise Limited: DDC Enterprise Limited (NYSE: DDC) is not only continuing to deepen its Asian food business but is also leading the trend of corporate Bitcoin treasury. 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.
