DDC Enterprise acquires 200 bitcoin, doubling holdings this month

DDC Enterprise Limited (NYSE: DDC) purchased an additional 200 bitcoin in its fourth acquisition during August, according to a company press release. The purchase brings the company's total bitcoin holdings to 888 BTC, more than double the 368 BTC it held at the beginning of the month.

The company's average cost per bitcoin holding stands at $107,447. DDC reports the updated holdings translate to 0.106853 BTC per 1,000 company shares.

"Our purchases this month wasn't just about speed—it was about discipline and conviction," said Norma Chu, founder, chairwoman, and CEO of DDC. "Doubling our BTC holdings in a matter of weeks despite Bitcoin market volatility demonstrates our commitment to being a leading Bitcoin treasury company."

DDC Enterprise operates as a global Asian food platform with culinary brands including DayDayCook, Nona Lim, and Yai's Thai. The company has positioned bitcoin as a core reserve asset while maintaining its food business operations.

The information is based on a company press release statement.

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