Landmark Funding Dedicated Exclusively to Bitcoin Acquisition Positions DDC to Become a Global Leader
NEW YORK - 16 June 2025 - DDC Enterprise Limited (NYSE: DDC) today announced it has entered into three major securities purchase agreements for a total of $528 million of new capital to the company, before placement agent fees and offering expenses. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of leading institutional funds and individual Bitcoin investors. Substantially all of the capital raise will be dedicated to expanding the Company's Bitcoin treasury. This transformative financing - among the largest single-purpose Bitcoin raises by any NYSE-listed company - accelerates DDC's mission to establish one of the most valuable corporate Bitcoin holdings.
Strategic Funding Structure: Institutional Confidence at Scale
$28 Million PIPE Investment Closed with premier investors including Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, Jack Liu, Matthew Liu (Co-Founder, Origin Protocol), and other leading institutional funds and individual Bitcoin investors. DDC will issue up to 2,684,714 Class A Ordinary shares at an average price of body 0.30 per share. The shares will be restricted for 180-days.
$300 Million Convertible Note With Anson Funds as the lead investor, one of the largest institutional investment firms in the United States, the convertible note accrues no interest and will mature in 24 months. Pursuant to the Facility, the Company will issue a note in the aggregate principal amount of $25 million as its first tranche, with additional capacity of up to $275 million available in subsequent drawdowns.
$200 Million Equity Line The $200 million equity line of credit ("ELOC"), also secured with Anson Funds, is designed to offer DDC maximum flexibility in accessing capital for dedicated BTC stacking. With the ELOC, the Company can optimize market timing and can consistently make BTC purchases over time at management discretion.
Substantially all of the $528 million in gross proceeds will be deployed to acquire Bitcoin.
Statement from Norma Chu, Founder, Chairwoman & CEO of DDC Enterprise
"Today is a defining moment for DDC Enterprise and our shareholders. This $528 million capital commitment, backed by iconic institutions from both traditional finance and the digital asset frontier, represents an unparalleled mandate to execute one of the most ambitious corporate Bitcoin accumulation strategy globally. Our vision is unequivocal: we are building the world's most valuable Bitcoin treasury."
Ms. Chu, continued, "This funding will propel DDC into one of the top global corporate Bitcoin holders. This partnership with Anson Funds and the group of PIPE investors is a resounding validation of Bitcoin's essential role in future corporate balance sheets. At DDC, we will deploy this capital with institutional discipline and unwavering conviction, cementing our position as the premier bridge between global capital markets and the Bitcoin ecosystem. DDC Enterprise is strongly positioned as the definitive publicly-traded vehicle for concentrated Bitcoin exposure and value creation. My focus will be on growing our BTC treasury and delivering attractive BTC yield consistently for our shareholders."
Maxim Group acted as the exclusive financial advisor in connection with the offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About DDC Enterprise
DDC Enterprise Limited (NYSE: DDC) is spearheading the corporate Bitcoin treasury revolution while maintaining its foundation as a leading global Asian food platform. The Company has strategically positioned Bitcoin as a core reserve asset, executing an aggressive accumulation strategy. While continuing to grow its portfolio of culinary brands - including DayDayCook, Nona Lim, and Yai's Thai - DDC is now at the vanguard of public companies integrating Bitcoin into their financial architecture.
Caution Regarding Forward-Looking Statements
Certain statements in this announcement are forward-looking statements.
Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 20-F, 6-K and other reports filed with the Securities and Exchange Commission ("SEC") and available at www.sec.gov . Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.
For Bitcoin Investor Relations:
Yujia Zhai | ddc@orangegroupadvisors.com
Media: pr@daydaycook.com
