DDC Enterprise Boosts Bitcoin Holdings, Shares Climb Amid Aggressive Accumulation
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DDC Enterprise Limited (NYSEAMERICAN: DDC) shares rose 2.4% after the company acquired an additional 100 Bitcoin, increasing its total holdings to 1,783. This acquisition is part of a strategic plan to enhance digital asset accumulation, having already added 600 Bitcoins in January. DDC's average acquisition cost is approximately $88,170, yielding 50.7% year-to-date. CEO Norma Chu highlighted a long-term strategy to use Bitcoin as a hedge against economic fluctuations, integrating it with the company's core food business. Despite a general decline in Bitcoin prices, DDC's strategic positioning has attracted investor interest.
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