DDC secures $528m for its corporate Bitcoin accumulation strategy
DDC Enterprise, better known for its Asian food marks, has entered the big leagues. With a half-million dollar war chest and heavy donors, the company makes a daring game to dominate business bitcoin holders.
In a press release On July 1, DDC Enterprise announced the initial closure of its capital increase of $ 528 million, supported by institutional heavy goods vehicles, including Anson funds, animoca brands and Kenetic capital.
Funding marks one of the largest bitcoins (BTC) – Deduction of reports by a listed company and includes a mixture of convertible tickets, private investments and a capital line of equity, all reserved for an aggressive BTC accumulation.
This decision puts DDC on a path radically different from most consumer -oriented companies. It also cements its position as one of the few public companies outside the technological or cryptographic sectors to restructure aggressively around Bitcoin.
Radical Bitcoin DDC transformation
According to the press release, the initial closings of the financing package of $ 528 million in DDC include a pipe investment of $ 26 million in crypto-native institutions such as Animoca Brands and Kenetic Capital, a convertible note of 25 million dollars from Anson funds (with 275 million dollars more available), and a private placement of $ 2 million.
The most significant is perhaps the 200 million dollars credit line, giving DDC Dry Powder to accumulate Bitcoin opportunistic during market dips.
It is not only the diversification of the treasure; It is a large -scale financial pivot. While the DDC maintains its Asian food marks like DaydayCook and the Thai of Yai, its assessment is radically reshaped. The old announcement In June, he clarified his ambitions: “Almost all of the capital increase will be devoted to the widening of the company’s Bitcoin Treasury.”
The vision of the CEO Norma Chu leaves little room for ambiguity:
“This maximum commitment of $ 528 million of $ 528 million marks a moment of the watershed for DDC. With leading institutions such as Anson funds, animoca brands and the Kenetic capital that support our vision, we believe that we have an unprecedented capacity to execute our mission of the global Bitcoin mission. ”
DDC bet depends on long -term long -term appreciation of traditional investments. With ETF Spot, channeling institutional silver in BTC and in 2024 in two two cycles of previous bulls, the timing of DDC aligns with a narrative macro winning the credibility of Wall Street. However, risks are looming: regulatory uncertainty, volatility of bitcoin and the spectrum of illiquidity if the markets are swinging irregularly.
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