DDC Enterprise Limited, a New York Stock Exchange–listed food brand company, said it has signed three securities purchase agreements that could deliver up to $528 million in gross proceeds. The company plans to use the entire amount to expand its Bitcoin holdings, accelerating a strategy to hold the cryptocurrency as a treasury asset. Anson Funds, Animoca Brands, Kenetic Capital and QCP Capital are among the investors participating in the financing. If completed in full, the transaction would rank among the largest single-purpose Bitcoin capital raises by a U.S.-listed company, highlighting the growing willingness of corporates to allocate substantial balance-sheet resources to digital assets. The move comes as other public companies pursue similar strategies; gift-card platform Fold recently arranged a $250 million equity purchase facility to increase its own Bitcoin reserves. The back-to-back announcements suggest continued institutional appetite for the token despite market volatility.
Fold secures $250 million equity purchase facility to expand BTC treasury https://t.co/RxXMwuHgDg
Proud to be backing DDC Enterprises and congratulations to @ddcbtc_ on the $528m Bitcoin Treasury raise! https://t.co/hJigvrH7FN
JUST IN: 🇺🇸 DDC Enterprise to raise up to $528 million to buy more Bitcoin https://t.co/0o8MwWYtO1