DDC Enterprise has increased its Bitcoin holdings by acquiring an additional 131 BTC, bringing its total to 2,714 BTC. This marks the company's second purchase within a week, following a 200 BTC acquisition on May 21. The recent purchases have resulted in a 13.9% increase in per-share Bitcoin exposure without issuing new shares, maintaining shareholder value.
The company, which trades under the ticker DDC on the NYSE American, has transitioned from an Asian food platform to a significant Bitcoin treasury. DDC's strategic approach, in collaboration with financial firms like Galaxy Digital, has positioned it among the top 30 publicly traded corporate Bitcoin holders globally. The average acquisition cost for its Bitcoin holdings ranges between $79,000 and $88,000 per BTC.
DDC Enterprise Expands Bitcoin Holdings to 2,714 BTC with Recent Purchase
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