DDC Enterprise ($DDC) Adds 100 Bitcoin, Treasury Holdings Reach 1,988 BTC
Summary
DDC Enterprise Limited ($DDC) announced the purchase of an additional 100 Bitcoin, increasing its total holdings to 1,988 BTC, marking the fifth consecutive week of acquisitions. The company executed this purchase following a recent pullback in BTC prices, maintaining an average cost basis of $85,756 per Bitcoin. CEO Norma Chu emphasized that the firm's long-term execution framework is designed to be insensitive to daily market sentiment, focusing instead on disciplined execution and balance sheet diversification. DDC, which operates as a global Asian food platform, first unveiled its plan in May 2025 to adopt Bitcoin as a strategic reserve asset, aiming to accumulate 5,000 BTC within 36 months. The company previously accelerated its ambitions by raising $124 million in equity financing to support this aggressive treasury strategy.
(Source:Bitcoin Magazine)