DDC Enterprise buys 100 more bitcoin, total holdings reach 688 BTC

DDC Enterprise Limited (NYSE: DDC) acquired an additional 100 Bitcoin, marking its third purchase in eight days, according to a company statement. The purchase brings the company's total Bitcoin holdings to 688 BTC.

The company reported an average cost of $104,538 per bitcoin across its holdings. DDC stated the updated holdings translate to 0.082779 BTC per 1,000 company shares.

"We are accelerating the pace of our Bitcoin acquisitions," said Norma Chu, founder, chairwoman and CEO of DDC. "With each step forward, we move closer to our goal of 10,000 BTC by the end of 2025."

DDC operates as a global Asian food platform with culinary brands including DayDayCook, Nona Lim, and Yai's Thai, while positioning Bitcoin as a core reserve asset in its treasury strategy.

The company claims a 1,195% yield increase compared to its first Bitcoin purchase in May, though specific details about the calculation methodology were not provided in the announcement.

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