According to official sources, DDC Enterprise Limited ("DDC" or the "Company") today announced that it completed its fourth Bitcoin purchase in August, further acquiring 200 BTC. With this latest acquisition, the company's total holdings have reached 888 BTC, more than doubling from the 368 BTC held at the beginning of the month.
Reserve Growth: An additional 200 BTC was added to the Bitcoin reserve, with an average holding cost of $107,447 per BTC.
Holding Milestone: The holdings have more than doubled since August 1.
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 capability and speed but also reflects our discipline and belief. Against the backdrop of Bitcoin market volatility, achieving a doubling of holdings in just a few weeks fully demonstrates our firm determination to become a leading Bitcoin reserve company."
DDC Enterprise Limited (NYSE: DDC), while continuing to deepen its Asian food business, is leading the way in corporate Bitcoin treasury management. The company has strategically positioned Bitcoin as its core reserve asset and is implementing an active and accelerated accumulation strategy. In addition to expanding its portfolio of food brands (DayDayCook, Nona Lim, Yai's Thai), DDC is also at the forefront of integrating Bitcoin into its corporate financial architecture.
This article is contributed content and does not represent the views of BlockBeats.
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