DDC Enterprise Limited secured a $528 million financing deal to bolster its corporate Bitcoin strategy.
The funding, led by Anson Funds with participation from other investors, is one of the largest Bitcoin-focused capital raises by a NYSE-listed company.
The financing includes components like a PIPE investment, convertible notes, and an equity line of credit to acquire more Bitcoin.
This move positions DDC Enterprise as a significant player in the Bitcoin space while maintaining its food business operations.