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DDC Announces Strategy to Create Bitcoin Reserves and Appoints Crypto Asset Expert Alex Yang as Strategic Advisor

1. DDC will adopt Bitcoin in treasury reserves for enhanced capital strategy. 2. Alex Yang joins as Strategic Advisor, indicating a focus on crypto innovation.

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FAQ

Why Bullish?

Adopting Bitcoin may attract investor interest and enhance liquidity, similar to other companies embracing crypto. Historical examples include companies like Tesla, which saw stock spikes post Bitcoin adoption announcements.

How important is it?

The adoption of Bitcoin and an experienced advisor signal potential growth and innovation, which may significantly boost DDC’s market perception.

Why Short Term?

Immediate market reactions to crypto initiatives are often prominent. Historical trends show rapid price movements for companies making bold crypto-related announcements.

Related Companies

NEW YORK--(BUSINESS WIRE)--DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced a transformative initiative to adopt Bitcoin as part of its treasury reserves, alongside an announcement that brings seasoned Web3 and Crypto Assets Management Expert Alex Yang to DDC as Strategic Advisor. An investor group will inject up to 100 BTC in exchange for DDC Class A Ordinary shares at a range of $0.50 to $1.25 per s.

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