DDC Enterprise buys an additional 100 Bitcoins

Source
Uk Jin

Summary

  • DDC Enterprise said it recently purchased an additional Bitcoin 100, bringing total holdings to 1,183.
  • The company's Bitcoin average purchase price is $106,952, and it reported a Bitcoin operational return of 122% for the second half of this year.
  • DDC stated it will adopt Bitcoin as a strategic reserve asset based on long-term conviction and discipline to enhance shareholder value.
Photo=DDC X screenshot
Photo=DDC X screenshot

DDC Enterprise (DDC) purchased an additional 100 Bitcoin (BTC).

According to Business Wire on the 26th (Korea time), DDC recently acquired 100 Bitcoin as part of a systematic, discipline-based accumulation strategy, bringing total holdings to 1,183. The company's average Bitcoin purchase price is $106,952. DDC records an asset ratio of 0.039760 Bitcoin per 1,000 shares.

DDC explained, "We executed purchases during the recent market adjustment phase," adding, "This is a strategic decision based on strengthened governance and risk management systems." DDC's Bitcoin returns for the second half of this year recorded 122%.

Noma Chu, DDC's chief executive officer (CEO), said, "We act based on long-term conviction and discipline, not short-term price movements," and added, "We will use Bitcoin as a strategic reserve asset to enhance shareholder value."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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