DDC Enterprise just added another 200 Bitcoin to its treasury, pushing its total stash to 2,583 BTC. The purchase, executed on May 21, landed without any dilution to existing shareholders, a detail the company was clearly eager to highlight.
The acquisition bumped DDC’s Bitcoin-per-1,000-shares ratio by 8.4%, bringing it to 0.0543 BTC. For a company listed on NYSE American with FY2025 revenue of $39.2 million, that is a meaningful move in a direction that would have seemed absurd for a consumer company just a few years ago.
The no-dilution play
CEO Norma Chu framed the purchase as closing a loop on previously raised capital.
“Today’s purchase closes that loop: capital previously raised above our Bitcoin net asset value, deployed today into more Bitcoin, with no new shares issued.”
