DDC Enterprise Limited has expanded its Bitcoin treasury by acquiring an additional 230 BTC, bringing its total holdings to 368 BTC.
The latest purchase achieved a 48.3% yield increase compared to the company's previous Bitcoin acquisition in mid-June, with an average cost per Bitcoin holding now at $90,764.
The financing package included a $528 million deal, one of the largest Bitcoin-focused capital raises by a NYSE-listed company, with funds designated for Bitcoin acquisitions.
DDC's Bitcoin accumulation aligns with its long-term strategy, surpassing its initial six-month target of 500 BTC with 368 BTC held and aiming for a larger objective of 5,000 BTC.