In a velvet-tinted stroke of corporate bravura, DDC Enterprise has secured $124 million in equity funding, led by PAG Pegasus Fund and Mulana Investment, to stiffen its bitcoin treasury gambit. The aim? To marshal the treasury toward 10,000 BTC by the end of 2025, as if coins could waltz to a deadline. 💃🪙
PAG Pegasus and Mulana Lead $124M Investment in DDC’s Bitcoin Strategy
DDC Enterprise has raised $124 million in fresh equity to accelerate its bitcoin treasury strategy, a gleaming nod from institutional minds toward a long-running crypto fantasia. 😂💼
The round was steered by PAG Pegasus Fund and Mulana Investment Management, with OKG Financial Services Limited joining the chorus. DDC’s founder and CEO, Norma Chu, plunked down $3 million of her own fortune, aligning her heartbeat with that of the shareholders. A 180-day lock-up sealed the accord, a polite vow to the distant horizon.
Chu underscored the company’s two loves: a global Asian food enterprise and a burgeoning dalliance with the digital asset treasury orbit-a plot with spice and silicon. 🍜🔗
“We are delighted to welcome PAG Pegasus Fund, OKG, and Mulana as strategic partners and shareholders,” Chu might murmur with a sly smile. “Their investment is a gleaming endorsement of our vision and the blooming importance of public bitcoin treasuries. It signals a stepping-stone in a broader choreography of financing meant to uphold our long-term strategy.”
The capital will fuel a swelling of DDC’s bitcoin reserve from 1,058 BTC to a towering 10,000 BTC by year-end 2025, they say. The funds will also grease strategic partnerships as the firm strides, with a flourish, toward becoming a leader in institutional bitcoin adoption. 🏛️💰
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2025-10-11 02:18