DDC Enterprise Limited has expanded its corporate treasury strategy by acquiring an additional 230 Bitcoin, totaling 368 BTC. This purchase resulted in a 48.3% yield increase compared to an earlier acquisition. The company's average Bitcoin cost has risen to $90,764, offering shareholders a return of 0.04426 BTC per 1,000 shares. This acquisition follows a significant financing deal of $528 million aimed at bolstering Bitcoin holdings. DDC highlights its commitment to Bitcoin as a primary reserve asset as it plans to become a top global Bitcoin holder.
"The newly acquired Bitcoin builds on our conviction that Bitcoin is the most sound and strategic treasury asset available for long-term value preservation," said Norma Chu, Founder, Chairwoman and CEO of DDC Enterprise.
"This maximum aggregate $528 million capital commitment marks a watershed moment for DDC," Chu previously stated.
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