BREAKING
270d 6h ago

DDC Enterprise Ltd. Announces Bold Plan to Adopt Bitcoin as Strategic Reserve Asset, Targeting 5,000 BTC in 36 Months

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a groundbreaking move, DDC Enterprise Ltd., a prominent e-commerce firm operating in both China and the United States, has revealed plans to incorporate Bitcoin as a key component of its financial strategy. As detailed in a recent shareholder letter by Norma Chu, the firm aims to amass a total of 5,000 bitcoins over a period of 36 months, marking a significant shift in corporate asset management.

The initial phase of this initiative involves an immediate acquisition of 100 bitcoins, with a target of expanding this to 500 within the next six months. To facilitate this ambitious plan, DDC is leveraging the expertise of a newly established cryptocurrency advisory board and a dedicated fund management team, ensuring precise execution and compliance with financial regulations.

Financially, DDC has showcased robust performance, reporting revenues of $37.4 million in its 2024 fiscal year, reflecting a notable 33% increase year-over-year. The strategic growth initiatives, including targeted acquisitions in the United States and enhanced operational efficiencies in China, have successfully elevated gross margins from 25.0% to 28.4%. Furthermore, the company’s shareholders’ equity has also surged by 33%, now standing at $11.3 million as of March 31, 2025, bolstered by a solid cash reserve of approximately $23.6 million.

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