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DDC Secures $528 Million to Acquire BTC Following Four Consecutive Years of Losses

Published by news.bitcoin.com on 6 hours ago

DDC Secures $528 Million to Acquire BTC Following Four Consecutive Years of Losses

In April, trading of shares for DDC Enterprise Limited (NYSEAM: DDC), also known as "DayDayCook," was briefly suspended on the New York Stock Exchange after the company's stock price dropped below ten cents per share.

The firm, which specializes in Asian food products, has successfully raised $528 million following a challenging four-year period marked by financial losses. This significant capital infusion raises the question: Can Bitcoin play a role in revitalizing DDC?

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