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Jul 1, 01:20 PM
NYSE-Listed DDC Enterprise Raises $528 Million for Bitcoin Treasury Push
Markets
Business
Crypto

NYSE-Listed DDC Enterprise Raises $528 Million for Bitcoin Treasury Push

Authors
  • Bitcoin Magazine
  • Cointelegraph
  • Ash Crypto
5

DDC Enterprise Limited, a New York Stock Exchange-listed software provider, said it has closed a $528 million financing round aimed at expanding its Bitcoin holdings. The company described the raise as one of the largest single capital injections by a U.S. public company expressly for building a cryptocurrency treasury. Investors in the round include Anson Funds and other institutional backers, according to the company. DDC said the funds provide "immediate capital" to advance a previously announced strategy of converting a portion of its balance-sheet cash into Bitcoin, though it did not specify a purchase timetable. The move underscores renewed corporate interest in Bitcoin after a prolonged downturn in digital-asset prices. DDC joins a small but growing roster of publicly traded firms that view Bitcoin as a long-term store of value alongside traditional reserves.

Written with ChatGPT .

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