DDC Enterprise (DDC) announced an initiative to adopt Bitcoin as part of its treasury reserves, alongside an announcement that brings seasoned Web3 and Crypto Assets Management Expert Alex Yang to DDC as strategic advisor. An investor group will inject up to 100 BTC in exchange for DDC Class A Ordinary shares at a range of 50c to $1.25 per share, representing a 100% to 400% premium to recent trading levels.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DDC:
- DDC Enterprise Announces Private Placement and CEO’s Increased Stake
- DDC Enterprise Chairwoman, CEO Norma Chu completes 10M share subscription
- DDC Enterprise sees FY24 revenue $34M-$40M
- DDC Enterprise announced that it regained NYSE continued listing compliance
- DDC Enterprise Projects Record Revenue for 2024 and Regains NYSE Compliance