DDC adds 120 bitcoin to holdings, aims for 10,000 BTC by year-end

NEW YORK - DDC Enterprise Limited (NYSE:DDC) announced Thursday it has purchased 120 Bitcoin, bringing its total holdings to 488 BTC. The acquisition follows a month-long pause during which the company focused on establishing infrastructure partnerships. According to InvestingPro data, DDC maintains a strong cash position relative to debt, though analysts note the company is burning through cash rapidly.

According to the press release, DDC’s average cost per bitcoin is $98,737. The company’s updated holdings represent 0.058704 BTC per 1,000 DDC shares.

During its acquisition pause, DDC established partnerships with digital asset institutions including QCP Capital, Galaxy Digital, and Matrixport to enhance its trading efficiency, secure custody, and Bitcoin yield capabilities.

"Today’s announcement of our recent acquisition of 120 BTC signals our disciplined approach to scaling DDC’s Bitcoin treasury," said Norma Chu, Founder, Chairwoman, and CEO of DDC.

The company stated it aims to accumulate 10,000 BTC by the end of 2025 and become one of the world’s top three public Bitcoin treasury companies within three years.

DDC Enterprise Limited describes itself as a global Asian food platform that has positioned Bitcoin as a core reserve asset. The company continues to grow its portfolio of culinary brands while integrating Bitcoin into its financial structure.

The information in this article is based on a press release statement from DDC Enterprise Limited.

In other recent news, DDC Enterprise Limited has been actively pursuing strategies to enhance its Bitcoin treasury management. The company announced a collaboration with Galaxy Digital to improve its corporate Bitcoin treasury management, providing access to Galaxy’s institutional trading platform and services. This partnership aims to offer DDC deeper liquidity and execution strategies while ensuring enterprise-grade security and regulatory compliance. Additionally, DDC has partnered with QCP Group to develop yield enhancement strategies for its Bitcoin holdings, focusing on generating income through derivatives and other institutional-grade instruments.

In a significant financial move, DDC filed a $500 million universal shelf registration with the U.S. Securities and Exchange Commission, which would allow the company to raise funds through future securities offerings to expand its Bitcoin holdings. This filing comes after securing a capital commitment of up to $528 million, with $53 million already funded by partners such as Anson Funds and Animoca Brands. DDC also announced the appointment of Kyu Ho as Chief of Staff to lead its Bitcoin strategy, bringing over 20 years of experience in finance and digital assets. These developments underscore DDC’s strategic focus on strengthening its position in the digital asset space.

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