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The listed company DDC Enterprise plans to increase its Bitcoin open interest to 10,000 coins by the end of this year.
According to Techub News, Norma Chu, the founder, chairman, and CEO of DDC Enterprise, a publicly listed company on the New York Stock Exchange, issued a letter to shareholders indicating that the company secured a $528 million transformation capital commitment earlier this month. So far, investors such as Anson Funds, Animoca Brands, and Kenetic Capital have provided approximately $53 million in initial funding. The company has also submitted a universal F-3 shelf registration statement to the SEC, which will allow it to raise up to $500 million through equity offerings to support its Bitcoin accumulation expansion strategy. Additionally, the company has set a new Bitcoin accumulation plan: by the end of 2025, it aims to increase its Bitcoin holdings to 10,000 coins, becoming one of the top three publicly listed companies adopting a Bitcoin reserve strategy within three years.