DDC Enterprise Limited, a Hong Kong-based food company, has successfully raised $528 million to enhance its Bitcoin treasury strategy. The capital will be used to acquire 5,000 BTC over the next three years. This initiative aligns with a trend where more than 140 publicly traded firms are investing in Bitcoin, adopting a strategy similar to that of the notable software company founded by Michael Saylor, which has amassed significant Bitcoin reserves since 2020. DDC raised funds through multiple securities sales including private equity financing and convertible notes, indicating confidence in the growing Bitcoin market. As of June 12, the firm had already acquired 138 BTC at an average price of $78,582 each, which is significantly lower than the current price of around $105,693. This move reflects DDC's ambitious plans to solidify its position as one of the top Bitcoin holders in the corporate sphere while continuing to operate its food business, which includes several brands known for Asian-inspired meals.

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