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DDC Enterprise made its fourth Bitcoin purchase in August, doubling its holdings this month.
BlockBeats News, August 26th, DDC Enterprise Limited ("DDC" or the "Company") today announced that it completed its fourth Bitcoin purchase in August, further acquiring 200 BTC. With this acquisition, the company's total holdings have reached 888 BTC, more than doubling from the 368 BTC held at the beginning of the month.
Key Points of the Purchase:
· Reserve Growth: Added 200 BTC to the Bitcoin reserve at an average cost of $107,447 per BTC.
· Holding Milestone: Achieved over 2x growth since August 1st.
· Return Increase: Compared to the first purchase in May, the return on investment has increased by 1572%.
· Shareholder Value: The latest holdings equate to 0.106853 BTC per 1,000 shares of DDC.
Norma Chu, Founder, Chairwoman, and CEO of DDC, said: "This month's purchase not only demonstrates our execution capabilities and speed but also reflects our discipline and conviction. In the backdrop of Bitcoin market volatility, doubling our holdings in just a few weeks truly showcases our firm commitment to becoming a leading Bitcoin reserve company."
About DDC Enterprise Limited
DDC Enterprise Limited (NYSE: DDC) continues to deepen its presence in the Asian food industry while leading the corporate trend of Bitcoin treasury. The company has strategically positioned Bitcoin as its core reserve asset and is executing an active and accelerated accumulation strategy. In addition to expanding its portfolio of food brands (DayDayCook, Nona Lim, Yai's Thai), DDC is at the forefront of integrating Bitcoin into its corporate financial architecture.
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