Close Menu
Cryprovideos
    What's Hot

    Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption

    July 1, 2025

    Robinhood Unveils Inventory Tokens and Layer 2 Blockchain Growth

    July 1, 2025

    DDC Enterprise Finalizes $528 Million Financing To Speed up Bitcoin Treasury Technique

    July 1, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Hong Kong-Based mostly Meals Agency Secures $528 Million to Increase Bitcoin Treasury – Decrypt
    Hong Kong-Based mostly Meals Agency Secures 8 Million to Increase Bitcoin Treasury – Decrypt
    Bitcoin

    Hong Kong-Based mostly Meals Agency Secures $528 Million to Increase Bitcoin Treasury – Decrypt

    By Crypto EditorJuly 1, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Hong Kong-Based mostly Meals Agency Secures $528 Million to Increase Bitcoin Treasury – Decrypt

    In short

    • DDC Enterprise has closed a $528 million capital increase, the corporate mentioned Tuesday. 
    • It’ll use the funds to purchase Bitcoin, with the goal to buy 5,000 BTC over the following three years. 
    • DDC is considered one of greater than 140 publicly traded companies that’s buying the world’s oldest cryptocurrency. 

    Hong Kong-based meals manufacturers firm DDC Enterprise Restricted has closed a $528 million capital increase to construct up its Bitcoin treasury, the agency mentioned Tuesday in an announcement. It is considered one of a rising checklist of companies which have adopted software program agency Technique’s crypto-stacking playbook. 

    The agency, which is traded on the NYSE American, performed three securities gross sales to lift the capital, which can go towards its plan to purchase 5,000 Bitcoin over the following three years. Crypto-native companies Anson Funds, Animoca Manufacturers and Kenetic Capital participated within the fundraising efforts.

    The agency secured $26 million in in non-public fairness financing, in addition to $25 million from convertible notes, which might usher in an extra $275 million by future installments. DDC Enterprise additionally raised $2 million by a personal placement, securing an extra $200 million fairness line of credit score.

    “This most mixture $528 million capital dedication marks a watershed second for DDC,” DDC Enterprise CEO and founder Norma Chu mentioned, in an announcement. “We consider we’ve got unprecedented capability to execute our mission of constructing one of many world’s most precious company Bitcoin treasuries and turning into a high international Bitcoin holder.”

    The corporate kicked off its Bitcoin treasury technique earlier this yr, and had amassed 138 BTC—at the moment valued at $14.6 million—as of June 12, per a press launch. DDC acquired the Bitcoin at a mean value of $78,582 per coin, effectively beneath the present BTC value of $105,693.

    DDC will accumulate extra Bitcoin whereas persevering with to run its essential comfort meals enterprise. The corporate owns international manufacturers that supply ready-to-eat meals and different packaged comfort meals impressed by Asian culinary traditions. Its portfolio consists of Thai sauce firm Omsom, Thai-American meals model Yai’s Thai, and Nona Lima, an Asian-inspired noodles and soups line. The agency additionally operates DayDayCook, a recipe-sharing platform.

    The corporate’s shares have been recently buying and selling at $10.59, down nearly 3% over the previous 24 hours, Yahoo Finance information exhibits.

    DDC Enterprise’s efforts to lift greater than half a billion {dollars} to spice up its Bitcoin treasury comes as a slew of publicly traded firms observe Technique’s crypto-focused playbook. The Michael Saylor-founded agency started shopping for the world’s oldest cryptocurrency in 2020. It has amassed greater than $63 billion in Bitcoin since then.

    Greater than 140 public firms maintain a mixed complete of $90.9 billion value of Bitcoin primarily based on present costs, in response to information from bitcointreasuries.internet.

    Their adoption of Technique’s treasury mannequin has gained steam over the previous yr, significantly after Bitcoin sailed to new all-time-high value markets north of $100,000 this yr.

    Edited by Andrew Hayward

    Every day Debrief E-newsletter

    Begin day by day with the highest information tales proper now, plus authentic options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption

    July 1, 2025

    DDC Enterprise Finalizes $528 Million Financing To Speed up Bitcoin Treasury Technique

    July 1, 2025

    Crypto Provide Shock: Bitwise Predicts Bullish Runs for BTC, However Reveals Doubt With ETH and SOL ‣ BlockNews

    July 1, 2025

    Bitcoin Community Quantity Echoes Mid-2021 'Secure Equilibrium' – Is A Massive Transfer Brewing?

    July 1, 2025
    Latest Posts

    Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption

    July 1, 2025

    DDC Enterprise Finalizes $528 Million Financing To Speed up Bitcoin Treasury Technique

    July 1, 2025

    Hong Kong-Based mostly Meals Agency Secures $528 Million to Increase Bitcoin Treasury – Decrypt

    July 1, 2025

    Crypto Provide Shock: Bitwise Predicts Bullish Runs for BTC, However Reveals Doubt With ETH and SOL ‣ BlockNews

    July 1, 2025

    Bitcoin Community Quantity Echoes Mid-2021 'Secure Equilibrium' – Is A Massive Transfer Brewing?

    July 1, 2025

    Bitwise Doubles Down on $200,000 Bitcoin Worth Goal, Reveals Predictions for Ethereum Solana, Coinbase and Extra – The Each day Hodl

    July 1, 2025

    Bitcoin powerhouse Technique nears S&P 500 inclusion as web revenue soars

    July 1, 2025

    Eric Trump’s American Bitcoin Raises $220 Million In Non-public Inventory Sale To Purchase Extra BTC

    July 1, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    UK strikes to control crypto companies reminiscent of staking, stablecoins

    April 30, 2025

    TRUMP Meme Coin Staff Strikes $32.8 Million to Binance

    June 22, 2025

    Merchants Are Bullish on These Tasks – 6 Finest Crypto Cash To Make investments In Now

    April 22, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.