DDC Invests in Bitcoin, Acquiring 21 BTC for $2.28 Million

DDC Enterprise, a prominent company from Asia, has made a bold move into the cryptocurrency market by purchasing 21 Bitcoin worth approximately $2.28 million. The transaction involved exchanging 254,333 Class A shares as collateral. While this strategic investment is intended to diversify DDC’s portfolio, it triggered a 12% decline in the company’s share prices, highlighting the volatile nature of integrating cryptocurrencies into established financial structures.