DDC Enterprise Limited, a New York Stock Exchange-listed company, has announced a landmark capital raise totalling up to $528 million. The funds are earmarked almost entirely for expanding the company’s Bitcoin holdings, marking one of the largest dedicated Bitcoin financing efforts by a publicly traded firm to date.
The fundraising comprises three components: a $26 million equity private investment in public equity (PIPE), a $300 million convertible secured note and associated equity placement, and a $200 million equity line of credit (ELOC). Collectively, the structure reflects growing institutional confidence in Bitcoin’s role on corporate balance sheets.
Institutional Backing from Crypto and Finance Sectors
Investors include notable names from both traditional finance and the digital asset sector: Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and individual Bitcoin investors such as Jack Liu and Matthew Liu, Co-Founder of Origin Protocol.
“We are building the world’s most valuable Bitcoin treasury,” said Norma Chu, Founder, Chairwoman, and CEO of DDC Enterprise. “This capital commitment backed by respected institutions reflects a powerful mandate to execute our BTC accumulation strategy globally.”
Funding Breakdown:
- $26 Million PIPE Investment: DDC will issue up to 2.4 million Class A Ordinary shares at an average price of $10.30 per share. These shares will be subject to a 180-day lock-up.
- $300 Million Convertible Note + $2 Million Equity: Anson Funds will lead with an initial $25 million tranche in a 24-month, zero-interest convertible secured note. Additional drawdowns may be executed upon mutual agreement. Anson is also purchasing $2 million worth of equity through 307,693 Class A shares.
- $200 Million Equity Line of Credit (ELOC): Also secured with Anson Funds, the ELOC gives DDC flexibility to raise funds and acquire Bitcoin at market-optimised intervals, post-registration.
Strategic Goals and Market Impact
DDC Enterprise plans to deploy the bulk of the raised funds directly into Bitcoin acquisition. The company aims to emerge as one of the world’s largest corporate holders of the cryptocurrency, rivaling prominent BTC-holding firms such as MicroStrategy and Tesla.
“This investment is a resounding validation of Bitcoin’s important role in future corporate balance sheets,” said Chu. “Our strategy isn’t just about stacking BTC; it’s about delivering consistent BTC yield and acting as a bridge between capital markets and the digital asset ecosystem.”
Advisory and Conditions
Maxim Group LLC served as the exclusive financial advisor on the transaction. Closings for each funding component are contingent on customary regulatory and transactional conditions.
While this financing does not constitute an offer to sell securities, DDC’s move underscores a broader shift in corporate treasury strategies. The investment could fuel further adoption of Bitcoin among publicly traded firms seeking to diversify reserves and tap into the growing appeal of digital assets.
If completed as planned, the initiative positions DDC Enterprise not just as a tech-forward firm but as a bold player at the intersection of blockchain, finance, and digital infrastructure.
