On July 1st, according to Businesswire, cross-border e-commerce company $DDC Enterprise (NYSE: $DDC) announced the completion of its previously announced $528.00 million financing plan. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, etc. The raised funds will be used to expand its Bitcoin reserves. This financing includes three parts: a $26.00 million equity PIPE investment, $300.00 million in convertible secured notes and a $2.00 million equity private placement, and a $200.00 million equity credit line.
BlockBeats previously reported that on June 12th, $DDC Enterprise (NYSE: $DDC) announced an increase of 38 Bitcoin, bringing the company's total Bitcoin holdings to 138.
[BlockBeats]On July 1st, according to Businesswire, cross-border e-commerce company DDC Enterprise (NYSE: DDC) announced the completion of its previously announced $528.00 million financing plan. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, etc. The raised funds will be used to expand its Bitcoin reserves. This financing includes three parts: a $26.00 million equity PIPE investment, $300.00 million in convertible secured notes and a $2.00 million equity private placement, and a $200.00 million equity credit line.
BlockBeats previously reported that on June 12th, DDC Enterprise (NYSE: DDC) announced an increase of 38 Bitcoin, bringing the company's total Bitcoin holdings to 138.
[BlockBeats]