From Yahoo Finance: 2025-05-24 15:16:00

Asian food company DDC Enterprise (DDC) has acquired 21 BTC as part of a plan to include cryptocurrency in its corporate treasury, exchanging 254,333 class A shares for roughly $2.28 million worth of BTC. The company plans to make two more purchases totaling 79 BTC, aiming to hold 100 BTC initially.

DDC joins other public companies in using BTC as a treasury asset, with plans to accumulate up to 500 BTC in six months and 5,000 BTC in three years. Despite this strategic move, DDC saw a more than 12% drop in its shares on Friday, in contrast to the S&P 500 and Nasdaq which also fell.

In a different scenario, DigiAsia (FAAS) experienced a significant surge in share prices, jumping more than 90% in a single trading session after announcing a $100 million BTC treasury plan. This highlights the varying impact of companies integrating Bitcoin into their financial strategies.



Read more at Yahoo Finance: A Small Food Firm Buys 21 bitcoin, Jumping on BTC Treasury Trend, Shares Fall Anyways