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This historic financing will be exclusively allocated to the acquisition of Bitcoin: DDC becomes a global leader in Bitcoin holdings
DDC Enterprise Limited (NYSE: DDC) ("DDC" or the "Company") announced today the signing of three securities purchase agreements for a total of up to $528 million in gross proceeds for the Company, before placement agent commissions and offering expenses. Notable investors include Anson Funds, Animoca Brands, Kenetic Capital, and a network of leading institutional funds, in addition to individual investors in Bitcoin. The majority of the capital raised will be used to expand the company's Bitcoin treasury. This funding is expected to be transformative, as it represents one of the largest Bitcoin raises with a single purpose undertaken by a publicly traded company on the New York Stock Exchange. On the other hand, it will streamline DDC's mission, which is to establish one of the most valuable corporate Bitcoin portfolios.
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