DDC adds 200 bitcoin as corporate treasuries lean into BTC price weakness
Summary
DDC Enterprise has added another 200 bitcoins to its corporate treasury, bringing its total holdings to 2,383 BTC, valued at approximately $165 million. This purchase continues a consistent buying pattern, with roughly 200 BTC added weekly in January and around 100 BTC weekly in February. The company reported an average purchase price of $79,969 and a year-to-date “BTC yield” of 44.9%. While DDC’s holdings place it 32nd among public companies with bitcoin treasuries, larger players like Strategy and Strive are scaling more aggressively. DDC aims for a 10,000 BTC treasury by the end of 2025, but has faced challenges due to market volatility, with bitcoin’s price fluctuating significantly. Notably, DDC’s stock has declined more sharply than bitcoin over the past six months.
(Source:The Block)