Jun. 17 at 12:20 PM
$DDC $BTC.X DDC Enterprise announces
$528M raise to accelerate bitcoin treasury strategy
DDC Enterprise announced it has entered into three securities purchase agreements for a total of up to
$528M of gross proceeds to the company, before placement agent fees and offering expenses. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of institutional funds and individual Bitcoin investors. Substantially all of the capital raise will be dedicated to expanding the company's bitcoin treasury.