DDC Enterprise, a publicly traded company, increased its holdings by 200 Bitcoins, bringing its total holdings to 2,383 BTC.

PANews reported on March 20th that, according to The Block, US-listed company DDC Enterprise has purchased another 200 Bitcoins, bringing its total holdings to 2,383 BTC, worth approximately $165 million. The average purchase price was $79,969, and the company reports a year-to-date BTC return of 44.9%. DDC currently ranks 32nd among publicly traded companies holding Bitcoin. The company previously set a goal of building a 10,000-Bitcoin treasury by the end of 2025, but the market has experienced significant volatility in recent months, with Bitcoin falling from a high of $126,000 at the end of last year to the recent range of $68,000 to $75,000. DDC's stock price has fallen by approximately 80% over the past six months, while Bitcoin has fallen by approximately 45% during the same period.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Gate will launch spot and instant trading of Unitas (UNITAS).
PANews Newsflash