$528M Bitcoin Treasury Financing Secured by NYSE-Listed DDC Enterprise

NEW YORK–(BUSINESS WIRE)–
DDC Enterprise Limited (NYSE: DDC) (“DDC” or the “Company”) today announced the successful initial closing of its previously announced financings of up to an aggregate of $528 million capital raise with Anson Funds, among others. These transformative financings, among the largest dedicated Bitcoin raises by a NYSE-listed company, are expected to provide DDC with immediate capital to execute its corporate Bitcoin accumulation strategy.

The initial closings of this comprehensive financing includes:

• Closing of $26 million strategic PIPE investment from premier Bitcoin and digital asset investors, which included conversion of outstanding debt to further strengthen the balance sheet.

• Funding of $25 million by issuance of first tranche of convertible notes (with committed additional capacity of up to $275 million available in subsequent drawdowns) with Anson Funds.

• Funding of $2…