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DDC Enterprise plans to increase its Bitcoin holdings to 10,000 coins by the end of this year
Summary: According to reports from Businesswire, DDC Enterprise, a company listed on the New York Stock Exchange, founder, chairman, and CEO Norma Chu stated in a shareholder letter that they recently secured a $528 million commitment for transformational capital. Investors such as Anson Funds, Animoca Brands, and Kenetic Capital have provided approximately $53 million in initial ...
According to reports from Businesswire, DDC Enterprise, a company listed on the New York Stock Exchange, founder, chairman, and CEO Norma Chu stated in a shareholder letter that they recently secured a $528 million commitment for transformational capital. Investors such as Anson Funds, Animoca Brands, and Kenetic Capital have provided approximately $53 million in initial financing. DDC Enterprise has submitted a general F-3 shelf registration statement to the U.S. Securities and Exchange Commission, allowing them to raise up to $500 million through a stock offering to support their Bitcoin expansion strategy.
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Link: DDC Enterprise plans to increase its Bitcoin holdings to 10,000 coins by the end of this year [Copy]
