DDC Enterprise Unveils Bitcoin Strategy After Strong 2024 Growth
- DDC Enterprise will also have an exclusive BTC treasury management team along with a crypto-native advisory board to look over the strategy.
- The company listed $37.4 million in revenue, estimating a 33% year-over-year increase, driven by US strategic acquisitions.
A Chinese publicly traded company, DDC Enterprise, unveiled a new Bitcoin collection strategy after the positive financial performance of the company in the last year.
According to the strategy, the company plans to purchase 100 Bitcoins as a quick purchase. Adding more to this, it aims to purchase 500 BTC within six months and 5,000 BTC within 36 months to its balance sheet.
DDC Enterprise will also have an exclusive BTC treasury management team along with a crypto-native advisory board to look over the strategy, the company’s press release reveals. The team will ensure a disciplined and risk-aware accumulation strategy for Bitcoin.
The chief executive officer of the firm, Norma Chu, mentions that he is thrilled to publicize the Bitcoin Accumulation Strategy of DDC, a milestone of the company’s long-term value creation plan. The measure highlights the optimism in blockchain technology’s transformative potential and the commitment to developing corporate financial strategies.
The CEO further underscored the unique properties that Bitcoin holds, like a store of value and a hedge against macroeconomic volatility. She also has confidence that the strategy would enhance shareholder returns and mentioned:
“The team has a persistent focus on operational efficiency, and strategic reinvestment has placed DDC as a learner, more agile organization, and will also capitalize on upcoming opportunities.”
A Record-breaking Financial Year
DDC Enterprise has also witnessed a record-breaking 2024 financial year. The company has surpassed expectations and delivered strong performance in the key metrics. The CEO asserted, as we set out foot in 2025, we have accelerated momentum, influenced by disciplined execution and a new chapter in the corporate strategy.
The company listed $37.4 million in revenue, estimating a 33% year-over-year increase, driven by US strategic acquisitions. The gross profit margin improved by 3%, going from 25% in 2023 to 28% in 2024.
The 2024 results show the capability of the team to scale effectively, and this year’s initiatives, mainly the Bitcoin strategy, show a forward-thinking approach to value creation. Also, the company is not just adapting to the future but also we are shaping it, added Chu.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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