DDC Enterprise to raise $528 million to accelerate Bitcoin financial strategy

Odaily News DDC Enterprise Limited, a New York Stock Exchange listed company, announced that it has signed three securities purchase agreements. After deducting the placement agent fees and issuance expenses, it is expected to raise up to US$528 million. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital and a network of leading institutional funds and individual Bitcoin investors. The funds raised will be used to expand the company's Bitcoin reserves. (Businesswire)