US-listed DDC secures an additional 100 Bitcoin

Source
Son Min

Summary

  • DDC Enterprise Limited, a company listed on the New York Stock Exchange, announced that it has acquired an additional 100 units of Bitcoin.
  • The average purchase price was $102,114, and DDC’s total Bitcoin holdings are reportedly 558 units.
  • DDC stated that it aims to secure 10,000 BTC by the end of the year and become the world’s third-largest public company in terms of Bitcoin holdings.

The e-commerce company 'DDC Enterprise Limited', listed on the New York Stock Exchange, has reportedly acquired an additional 100 units of Bitcoin (BTC).

According to Business Wire on the 18th (local time), DDC announced in a press release, "We have additionally purchased 100 BTC," and stated, "The average purchase price was $102,114." DDC currently holds 558 BTC.

Norma Chu, founder of DDC, emphasized, "We are accelerating our purchase of Bitcoin. By the end of this year, we aim to secure 10,000 BTC," adding, "Our goal is to become the world’s third-largest publicly listed company by Bitcoin reserves."

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?