Upper half year net loss of $38.4 million, DDC Enterprise holds 2,899 Bitcoins
2026-09-02 13:04
Odaily reported that DDC Enterprise released its financial results for the first half of 2026: total revenue reached $20.2 million, a year-over-year increase of 29%; the company holds 2,899 Bitcoins, up 145% from 1,181 at the end of 2025; the net loss for the first half was $38.4 million, primarily due to a $34.3 million non-cash unrealized fair value loss on its Bitcoin holdings. The board has approved a share repurchase program of $10 million or 20% of the outstanding Class A common shares.
