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DDC Enterprise, a company listed on the NYSE, raised $528 million to purchase Bitcoin.
Gate News bot message, DDC Enterprise Limited announced that it has completed a financing plan totaling $528 million. As a publicly traded company on the New York Stock Exchange, the investors in this financing round include institutions such as Anson Funds. Maxim Group LLC served as the exclusive financial advisor in this transaction.
According to the announcement, DDC Enterprise will invest all net proceeds from this issuance into purchasing Bitcoin to implement its corporate Bitcoin accumulation strategy. The company first announced this financing plan in mid-June.