Bitcoin Enthusiasm Grows: DDC and Additional Firms Enter the Corporate Bitcoin Trend

Hong Kong-based DDC Enterprise is leveraging three securities purchase agreements that could potentially earn up to $528 million in gross proceeds, a venture participated by various institutional investors. Almost all the proceeds will be allocated to expand DDC’s Bitcoin treasury.

An equity line of credit of $200 million was also secured with Anson for Bitcoin accumulation. Other companies like Fold Holdings and BitMine Immersion Technologies are also investing capital into Bitcoin holdings. Meanwhile, Eyenovia is venturing into emerging tokens, with a $50 million private placement for a cryptocurrency treasury strategy centred on the HYPE token.

The deal could reach up to $150 million if all warrants are exercised, marking Eyenovia as the first U.S.-listed firm to hold HYPE in its treasury.