01.07.2025 18:45
DDC Enterprise Limited, a software company traded on the New York Stock Exchange, successfully secured a substantial $528 million in financing. This significant capital infusion is explicitly earmarked for bolstering the company's Bitcoin treasury.
This fundraising round, one of the largest ever undertaken by a publicly listed US company specifically for cryptocurrency acquisition, attracted substantial investment from Anson Funds and other prominent institutional investors. The company intends to use this “immediate capital” to execute a previously announced plan, converting a portion of its cash reserves into Bitcoin.
While DDC Enterprise hasn't revealed a precise timeline for these Bitcoin purchases, the move reflects a resurgence of corporate interest in the cryptocurrency following a considerable period of market decline. This strategic decision positions DDC among a select group of publicly traded companies increasingly viewing Bitcoin as a valuable long-term asset alongside conventional reserve holdings.
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