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DDC Enterprise Limited (NYSE American: DDC) expanded its corporate Bitcoin treasury to 2,714 BTC on Wednesday with the purchase of 131 Bitcoin, the company announced.
The New York-based company said the acquisition marks its second Bitcoin purchase in seven days, following a 200 BTC transaction on May 21. Together, the two deals added 331 BTC and lifted the company’s total Bitcoin holdings by approximately 13.9%, with no new common shares issued.
DDC, which describes itself as a global Asian food platform and digital asset treasury company, said its average cost per Bitcoin now stands at $79,135. The company’s Bitcoin yield for the year to date reached 43.5%, and its BTC per…
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