Bitcoin News: DDC Enterprise Announces $528 Million Raise to Buy 5000 Bitcoin

Key Insights:

• Bitcoin news: DDC Enterprise accelerated its Bitcoin strategic reserve plan by announcing a $528 million in capital raise.
• Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, as well as other institutions and individual Bitcoin investors, have signed agreements with DCC.
• Institutional accumulation of Bitcoin in corporate treasuries had fueled BTC price to hit ATH of $112K.

DDC Enterprise on Tuesday on Wednesday announced a $528 million capital raise from traditional finance and digital asset entities to bolster its Bitcoin treasury strategy.

The move comes after DDC began its Bitcoin accumulation strategy with an initial purchase of 21 BTC last month. The firm has planned to acquire 500 BTC within 6 months and at least 5000 BTC in 3 years.

DDC Enterprise’s $528 Million Plan for Bitcoin Treasury

In a press release on June 16, NYSEAM-listed DDC Enterprise disclosed that it has entered into three securities purchase agreements for a total of up to $528 million fund raise.

It added that investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of leading institutional funds and individual Bitcoin investors.

Notably, all proceeds will be used to buy and add more Bitcoin to its corporate treasury. This highlighted DDC’s mission to become one of the most valuable corporate Bitcoin holders.

Norma Chu, founder and CEO of DDC Enterprise, said “Today is a defining moment for DDC Enterprise and our shareholders.” He added, “This capital commitment of up to $528 million, backed by respected institutions from both traditional finance and the digital asset frontier, represents a strong mandate to execute an ambitious corporate Bitcoin accumulation strategy globally.”

Financing 5000 Bitcoin Reserve Strategy

In order to raise funds as part of the accelerated Bitcoin treasury strategy, DDC Entertainment has gained confidence from many institutions.

The funding includes a $26 million private investment in public equity (PIPE), a $300 million convertible note, a $200 million equity line, and a $2 million private equity placement.

In particular, DDC expects to issue up to 2,435,169 Class A Ordinary shares at an average price of $10.30 per share.

Notably, Anson Funds to play a crucial part in the $300 million convertible secured note offering. With plans to issue notes in two parts, the first worth $25 million and another up to $275 million. Also, Anson Funds will purchase 307,693 Class A Ordinary shares for $2 million.

DDC will have a $200 million equity line of credit from Anson Funds to make Bitcoin purchases at the dip and management discretion.

The accelerated strategy is expected to position the company in the top 20 list of corporate Bitcoin holders.

Bitcoin news: Bitcoin Price Rises Amid Institutional Buying

US President Donald Trump’s pro-crypto stance prompted many companies to add Bitcoin and other cryptocurrencies to their corporate treasury. The reasons for BTC purchases are from payments to a reserve asset, which make Bitcoin news narrative positive.

DDC Entertainment to use Bitcoin exclusively as a reserve asset. The focus is on growing BTC treasury and delivering an attractive BTC yield consistently for shareholders.

Notably, Metaplanet has achieved a BTC Yield of 266.1% YTD. It also revealed plan to hold 210,000 Bitcoin by the end of 2027.

At the time of writing, BTC price fell 3% in the past 24 hours, with the price trading at $104,451. The 24-hour low and high were $104,175 and $108,915, respectively.

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