DDC Enterprise (DDC) announced it has entered into three securities purchase agreements for a total of up to $528M of gross proceeds to the company, before placement agent fees and offering expenses. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of institutional funds and individual Bitcoin (BTC) investors. Substantially all of the capital raise will be dedicated to expanding the company’s bitcoin treasury.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DDC: