DDC Enterprise purchased Bitcoin for the fourth time in August, and the holdings have doubled this month.

CN
12 hours ago

According to official news, DDC Enterprise Limited ("DDC" or "the Company") announced today that it completed its fourth Bitcoin purchase in August, adding 200 BTC. As a result, the company's total holdings have reached 888 BTC, more than doubling from 368 BTC at the beginning of the month.

Purchase Highlights

Reserve Growth: An additional 200 BTC has been added to the Bitcoin reserves, with an average holding cost of $107,447 per BTC.

Holding Milestone: Increased by more than 2 times since August 1.

Yield Improvement: Compared to the initial purchase in May, the yield has increased by 1572%.

Shareholder Value: The latest holdings translate to 0.106853 BTC for every 1,000 shares of DDC.

DDC Founder, Chairman, and CEO Norma Chu stated, "This month's purchase not only demonstrates our execution capability and speed but also reflects our discipline and conviction. In the context of volatility in the Bitcoin market, achieving a doubling of holdings in just a few weeks showcases our firm commitment to becoming a leading Bitcoin reserve company."

About DDC Enterprise Limited

DDC Enterprise Limited (NYSE: DDC) is leading the trend of corporate Bitcoin treasury management while continuing to deepen its focus on Asian cuisine business. The company has strategically positioned Bitcoin as a core reserve asset and is implementing an active and accelerated accumulation strategy. In addition to continuously expanding its restaurant brand portfolio (DayDayCook, Nona Lim, Yai's Thai), DDC is also at the forefront of incorporating Bitcoin into its corporate financial structure.

This article is contributed and does not represent the views of BlockBeats.

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