DDC Enterprise (DDC) has secured $124 million in a new equity financing round at $10.00 per Class A share, 16% above its October 7 closing price, led by PAG Pegasus Fund, Mulana Investment Management and OKG Financial Services, with CEO Norma Chu personally committing $3 million.
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The round’s investors have agreed to a 180-day lock-up on their shares, signaling long-term confidence in DDC’s dual focus on its corporate Bitcoin holdings and its core Asian food business. Maxim Group served as exclusive financial advisor on the transaction.
Proceeds from the offering will fund DDC’s disciplined Bitcoin accumulation plan, bolster its institutional treasury infrastructure and support general corporate needs. The company has already secured 1,058 BTC and aims to reach a 10,000 BTC treasury by year-end 2025.
At the current bitcoin price, $124 million will almost double DDC’s treasury by adding another 1,010 BTC.
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At time of publication, DDC is up 11% during pre-market hours.
