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DDC Enterprise Secures $528 Million to Expand Bitcoin Holdings

  • DDC Enterprise Limited has raised $528 million through securities purchase agreements to expand its Bitcoin holdings, representing one of the largest single-purpose Bitcoin raises by a NYSE-listed company.
  • The capital commitment is supported by investors such as Anson Funds, Animoca Brands, Kenetic Capital, and QCP Capital, with a focus on increasing the company's Bitcoin holdings significantly.
  • The funding will position DDC as one of the top global corporate Bitcoin holders, signaling the importance of Bitcoin in future corporate balance sheets.
  • The capital raise components include a $26 million equity PIPE investment, a $300 million convertible note, a $2 million private placement, and a $200 million equity line of credit.
  • Anson Funds has committed a substantial amount towards this initiative, demonstrating confidence in Bitcoin's role in the corporate sector.
  • DDC Enterprise aims to be a bridge between global capital markets and the Bitcoin ecosystem, focusing on the growth of its BTC treasury and delivering attractive BTC yield for shareholders.

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