DDC – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 12 Jul 2025 19:05:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 DDC – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Animoca Brands partners with DDC Enterprise to put BTC treasury to work https://earlybirdsinvest.com/animoca-brands-partners-with-ddc-enterprise-to-put-btc-treasury-to-work/ https://earlybirdsinvest.com/animoca-brands-partners-with-ddc-enterprise-to-put-btc-treasury-to-work/#respond Sat, 12 Jul 2025 19:05:02 +0000 https://earlybirdsinvest.com/animoca-brands-partners-with-ddc-enterprise-to-put-btc-treasury-to-work/

Web3 company Animoca Brands signed a non-binding memorandum of understanding (MOU) with DayDayCook (DDC) Enterprise, a meal-prep and packaged food company that recently adopted a Bitcoin (BTC) treasury strategy, to manage Animoca’s BTC holdings and generate a yield on those reserves.

Animoca will allocate up to $100 million in BTC as part of the deal, according to a joint announcement from Thursday.

Animoca Brands co-founder and executive chairman Yat Siu told Cointelegraph that DDC Enterprise was chosen in part because of CEO Norma Chu and her ability to cultivate a “substantial non-crypto following,” introducing the asset sector to the general public, which may not have had an interest in crypto otherwise. Siu also said:

“Her background and her experience enable Norma to bridge the East and West to successfully navigate markets on both sides of the planet; she has good appeal and connections to the Chinese market, one of the largest for crypto adoption, while also running a NASDAQ-listed company.”

DDC Enterprise tipped its Bitcoin treasury plans in May, setting a goal to buy 5,000 BTC over three years. That same month, the company purchased 21 BTC for its corporate treasury.

Bitcoin Adoption
The top 60 publicly-traded Bitcoin treasury companies. Source: BitcoinTreasuries

The Bitcoin treasury narrative continues to gain traction, as corporations adopt the supply-capped asset as a hedge against inflation, and, in some cases, reorient themselves to become Bitcoin holding companies. 

The proliferation of Bitcoin treasury firms has left investors divided about the effects of these companies on the market, with some arguing it will boost mainstream adoption and others warning that overleveraged BTC companies could trigger the next market meltdown.

Related: Bitcoin treasury playbook faces ‘far shorter lifespan’ — Analyst

Bitcoin Treasury Strategy becomes a top trend in 2025

There are currently 268 institutions holding BTC on their balance sheets, including public companies, private enterprises, government organizations, asset managers, and crypto firms, according to BitcoinTreasuries.

Public companies account for 147 of these 268 institutions, making them the largest category of institutional Bitcoin holders by a wide margin.

Bitcoin Adoption
A breakdown of institutional BTC ownership. Source: BitcoinTreasuries

Bitcoin treasury companies added 159,107 BTC in Q2 2025, valued at over $18.7 billion using current prices, and representing a 23% quarter-over-quarter increase in acquisitions. 

In June, cypherpunk and Blockstream CEO Adam Back said the Bitcoin treasury trend is the new altseason for crypto traders and short-term price speculators. “Time to dump ALTs into BTC or BTC treasuries,” the CEO wrote in a June 22 X post.

Despite the growth of BTC treasury options and the market hype, some market analysts and crypto firms warn that most treasury companies won’t survive the next market downturn and will capitulate as soon as BTC prices begin to drop and cheap corporate financing options disappear. 

Magazine: NBA star Tristan Thompson misses $32B in Bitcoin by taking $82M contract in cash

]]> https://earlybirdsinvest.com/animoca-brands-partners-with-ddc-enterprise-to-put-btc-treasury-to-work/feed/ 0 47256 Bitcoin (BTC) Fever Spreads: DDC and Others Join the Corporate BTC Craze https://earlybirdsinvest.com/bitcoin-btc-fever-spreads-ddc-and-others-join-the-corporate-btc-craze/ https://earlybirdsinvest.com/bitcoin-btc-fever-spreads-ddc-and-others-join-the-corporate-btc-craze/#respond Thu, 19 Jun 2025 00:08:19 +0000 https://earlybirdsinvest.com/bitcoin-btc-fever-spreads-ddc-and-others-join-the-corporate-btc-craze/

Hong Kong-based DDC Enterprise has announced it has entered into three securities purchase agreements that could generate up to $528 million in gross proceeds, excluding placement agent fees and offering expenses.

The capital raise features participation from institutional investors, including Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of prominent Bitcoin investors.

Embracing Bitcoin Treasury Strategy

According to the company’s official press release, nearly all proceeds will be used to expand its Bitcoin treasury. The funding includes a $26 million equity PIPE investment through subscription agreements with Animoca Brands, Kenetic Capital, QCP Capital, and notable individuals like Jack Liu and Matthew Liu, co-founder of Origin Protocol.

DDC said that it expects to issue up to 2,435,169 Class A Ordinary shares at an average price of $10.30 per share, with a 180-day lock-up period. Additionally, DDC has secured a $200 million equity line of credit with Anson, allowing the company flexible access to capital for Bitcoin accumulation, subject to future registration and market conditions.

DDC isn’t alone in this approach; Fold Holdings is also pursuing a similar Bitcoin-focused capital strategy. The Arizona-based publicly traded bitcoin financial services company, Fold, has secured a $250 million equity purchase facility, which has granted it the option to issue and sell common stock at its discretion. The company plans to use net proceeds primarily to acquire additional Bitcoin for its corporate treasury. Utilization of the facility will be determined by SEC registration and other conditions.

BitMine Immersion Technologies, too, has joined the wave of firms committing capital directly into Bitcoin holdings. The Nevada-based company announced completing Bitcoin purchases using the full $16.34 million in net proceeds from its recent stock offering. The company acquired 154.167 BTC at an average price of $106,033 per coin. CEO Jonathan Bates confirmed the move aligns with BitMine’s commitment to allocate 100% of the raised capital to building its Bitcoin treasury.

Eyenovia Embraces HYPE in Treasury Strategy

While Bitcoin remains the primary reserve asset for many firms, some are exploring emerging tokens to capture broader crypto exposure.

Digital ophthalmic technology company Eyenovia announced a $50 million private placement to launch a cryptocurrency treasury strategy focused on the HYPE token, native to Hyperliquid. The company becomes the first U.S.-listed firm to hold HYPE in its treasury. Hyunsu Jung was appointed Chief Investment Officer and Board Member. If warrants are fully exercised, the transaction could yield up to $150 million.

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