DDC’s Bitcoin Bonanza: 38 Coins and Counting! 💰🚀

Well, bless my soul! DDC Enterprise Ltd. has gone and done it again, adding a sprightly 38 coins to their bitcoin stash this week, as the NYSE-listed Chinese company proclaimed on a fine Thursday.

DDC Enterprise: Bitcoin Holdings Reach 138 BTC After New Buy

Now, this little acquisition has puffed up DDC‘s total bitcoin treasure to a whopping 138 BTC, worth a tidy sum of $14.85 million. They say they bought in at an “optimized market entry” point, which sounds fancy, but really means they spent an average of $78,582 per bitcoin. That’s right, folks, they forked over $10.84 million for this shiny new cache of BTC.

In a stroke of luck, DDC reported that this latest buy has resulted in a 22% yield increase compared to their last shopping spree in late May. They like to call this a “disciplined accumulation” strategy, which is just a fancy way of saying they’re hoarding coins like a squirrel in winter.

“Today’s 38 BTC acquisition proves our focused execution,” said Norma Chu, the big cheese at DDC. “We continue to aim for higher [bitcoin] yield return for our shareholders.” Well, isn’t that just peachy?

Chu added:

With every bitcoin added, we strengthen shareholder exposure to digital scarcity. Ain’t that a mouthful?

After this little shopping spree, that exposure stands at a mere 0.029679 BTC per 1,000 shares of DDC stock. The company is as stubborn as a mule in their “uncompromising” quest to become a top global corporate bitcoin treasury holder.

DDC trades on the NYSE American under the ticker symbol DDC. Their grand ambition? To stack 500 bitcoin by the end of the sixth month period that kicked off in early May. Eventually, they’re aiming to hoard a total of 5,000 BTC in their reserves. Good luck with that, folks!

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2025-06-12 22:59