US EditionSundae Bar PLC (AIM: SBAR) Launches Bitcoin Treasury Strategy
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5 Articles
The agreement implies that DDC Enterprise receives support of up to $100 million in BTC from Animoca Brands to strengthen its corporate treasury. *** DDC and Animoca signed a memorandum of understanding to boost Bitcoin reserves. Animoca, as a key advisor, marks a strategic step in the corporate adoption of BTC. DDC already has 368 BTC, with a value of $43.3 million. DDC Enterprise, the Asian food firm behind the popular DayDayCook brand, has an…
The company, which is autonomous of “the first bitcoin treasure company in Brazil and Latin America” (with bitcoin in treasury) estimates that the operation should last for up to four weeks.
DDC Enterprise announces $100M Bitcoin strategic partnership with Animoca Brands to advance corporate Bitcoin treasury
DDC Enterprise Limited (DDC) announced Thursday that it has signed a non-binding memorandum of understanding (MoU) with Animoca Brands to develop and implement strategies that maximize yield for the Web3 firm’s Bitcoin assets while managing associated risks. Animoca Brands said in a statement that the MoU establishes a strategic partnership whereby the firm will allocate up to $100 million in Bitcoin towards yield enhancement strategies operated…
Bitcoin Treasuries: The Corporate Strategy That’s Outpacing Wall Street Bitcoin Treasury Comapnies
There’s a new financial arms race underway and it’s not between central banks. It’s between corporations. Companies — some household names, others obscure penny stocks — are scrambling to get Bitcoin on the balance sheet. What started as a bold bet by MicroStrategy has now exploded into a full-blown corporate movement. And traders everywhere are taking notice. From Wall Street to retail investors on Main Street, Bitcoin treasury companies have …
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