On July 1st (UTC+8), NYSE-listed DDC Enterprise Limited announced the completion of its previously announced financing, totaling $528.00 million, with investors including Anson Funds. This financing is expected to provide DDC with immediate funds to implement its corporate Bitcoin increase strategy. Maxim Group LLC served as the exclusive financial advisor for the transaction. The company plans to use the net proceeds from the offering to purchase Bitcoin. Previously, DDC Enterprise announced in mid-June its intention to raise $528.00 million to expand its Bitcoin reserves. (Source: Bitpush) [MetaEra]