Cross-border e-commerce DDC Enterprise announced that it has raised $528 million to accelerate its Bitcoin financial strategy

PANews reported on June 17 that according to Businesswire, cross-border consumer goods e-commerce group DDC Enterprise (NYSE: DDC, also known as DayDayCook) announced that it has signed three securities purchase agreements, planning to raise a total of no more than US$528 million, which will be mainly used to expand Bitcoin reserves. The financing includes three parts: US$26 million equity PIPE investment (investors include Animoca Brands, Kenetic Capital, etc.), US$300 million convertible secured notes (invested by Anson Funds) and US$200 million equity credit line.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
6 minute ago
1 hour ago
2 hour ago
5 hour ago
6 hour ago
17 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读