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DDC Enterprise has completed US$528 million in financing and the net proceeds will be used to purchase Bitcoin "

According to online reports, DDC Enterprise Limited, a company listed on the New York Stock Exchange, announced that it has completed its previously announced financing, with a total financing of US$528 million. Investors include Anson Funds and others. The financing is expected to provide DDC with immediate funding to implement its corporate bitcoin holdings strategy. Maxim Group LLC served as the exclusive financial adviser on the transaction. The company plans to use the net proceeds from the offering to purchase Bitcoin. Previously, DDC Enterprise announced in mid-June that it plans to raise US$528 million to expand its Bitcoin reserves.

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