Bitcoin Treasury Company DDC increases holdings by 200 BTC, bringing total holdings to 2,583 BTC

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BlockBeats News, May 21 — U.S. publicly traded Bitcoin treasury company DDC Enterprise Limited announced an additional purchase of 200 Bitcoins, increasing its total holdings to 2,583 BTC. The average purchase cost for this transaction was approximately $79,496 per Bitcoin.

The company stated that this increase did not involve issuing new shares. Without diluting equity, the Bitcoin holdings per 1,000 shares increased by 8.4% to 0.0543 BTC. Since the beginning of the year, BTC returns have reached 36.6%. Its current scale places it among the top 30 publicly listed companies worldwide in Bitcoin holdings.

BTC1.29%
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LittleSunOfStainedGlass
· 05-22 03:17
HODLing coins, not trading coins; this company's positioning is clear.
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StopMessingAroundWithGasFees.
· 05-21 22:14
Each thousand shares are worth 0.0543 BTC; calculating the premium, it's actually quite high.
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GateUser-a4680931
· 05-21 13:12
This average cost is 79k, and there's quite a bit of unrealized profit now.
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GoToSleepAfterMinting
· 05-21 13:04
No new shares are issued, so where does the money come from? Is the cash flow so abundant?
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WhirlpoolInATeacup
· 05-21 12:55
This position volume ranks in the top 30, indicating that the previous 29 are even more aggressive.
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PaperfoldDao
· 05-21 12:55
2,583 coins, what is their current market value in billions?
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ByteSizedAlpha
· 05-21 12:55
The trend of listed companies hoarding cryptocurrencies, Hong Kong is catching up.
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GateUser-04e4dac2
· 05-21 12:55
The average cost is nearly 80k, indicating that it was also bought along the way before.
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0xSideQuest
· 05-21 12:55
36.6% YTD, outperforming the vast majority of fund managers
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SheepOnTheFarSideOfJupiter
· 05-21 12:55
Only 0.0543 BTC for 1,000 shares; retail investors trying to accumulate coins indirectly through this method is too inefficient.
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