DDC Enterprise Limited, a company listed on the New York Stock Exchange, has announced the signing of three securities purchase agreements, with an expected maximum fundraising of up to $528 million after deducting underwriting fees and issuance expenses. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network composed of leading institutional funds and individual Bitcoin investors, with the funds raised to be used to expand the company's Bitcoin reserves.
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DDC Enterprise plans to raise $528 million to expand its Bitcoin reserves
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