Summary
- DDC Enterprises recently announced the additional purchase of 120 bitcoins.
- With this purchase, the company's total holdings have reached 488 BTC, and the average purchase price is $98,737.
- The company announced its goal to hold 10,000 BTC by the end of this year and to become one of the top three global public companies in bitcoin holdings within three years.
The US-based food company DDC Enterprises has announced the additional purchase of 120 bitcoins (BTC).
According to Business Wire on the 14th, they resumed purchases after a month-long pause and acquired an additional 120 bitcoins. As a result, the company’s total bitcoin holdings have reached 488 BTC, with an average purchase price of $98,737 per coin.
Norma Chu, founder and chairperson of DDC, said, “The additional purchase of 120 bitcoins demonstrates our approach to expanding our bitcoin reserves,” adding, “We plan to hold 10,000 BTC by the end of this year and become one of the top three global public companies in bitcoin holdings within three years.”
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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