DDC Enterprise announced the acquisition of 230 BTC, increasing its total reserves to 368 BTC. This decision reflects the trend among public companies using Bitcoin.
Increase in Bitcoin Reserves
The recent purchase of 230 BTC has brought DDC's total reserves to 368 BTC, demonstrating a steady growth in the interest in Bitcoin as a long-term asset.
Company's Strategic Position
CEO Norma Chu confirmed the strategic direction of the company, stating, 'The newly acquired Bitcoin builds on our conviction that Bitcoin is the most sound and strategic treasury asset available for long-term value preservation.'
Risk Warnings
The announcement from DDC also included a cautionary note regarding forward-looking statements, reminding investors about the potential risks associated with strategic treasury decisions and market conditions.
DDC Enterprise's actions underscore the growing trend among public companies to use Bitcoin as a long-term asset management tool.
