DDC Enterprise plans to raise US$528 million to expand Bitcoin reserves
According to online reports, DDC Enterprise Limited, a company listed on the New York Stock Exchange, announced that it has signed three securities purchase agreements. After deducting placement agency fees and issuance fees, 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, and the funds raised will be used to augment the company's Bitcoin reserves.
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