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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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DDC Enterprise, which started buying Bitcoin in May, has stepped on the gas.
DDC Enterprise, listed on the New York Stock Exchange, announced that it will raise a total of 528 million dollars through three different avenues. Among the companies that will invest are Animoca Brands and QCP Capital, which are also well-known in the crypto world.
"We want to build the world's most valuable corporate Bitcoin treasury"
The company's CEO, Norma Chu, made bold statements in her explanation regarding the matter and said the following:
"We want to build the world's most valuable institutional Bitcoin treasury. These investments will make DDC one of the largest institutional Bitcoin holders. I think Bitcoin will play a big role in corporate balance sheets in the future. We will manage this capital with institutional discipline and be a bridge between the Bitcoin ecosystem and traditional capital markets. Our goal is to grow our BTC treasury and provide our shareholders with regular and attractive Bitcoin yields."
528 million dollars is targeted in 3 phases
The company will collect the funds in 3 phases. (firmanın $26 million in direct share sales, $300 million in bond sales and $200 million in pending share sales, it is aimed to raise $528 million over satılacak) when it needs funding.
The company started its first Bitcoin purchases in May.
Published: 17 June 2025 16:15Last Updated: 17 June 2025 16:19