Cross border e-commerce DDC Enterprise announces raising $528 million to accelerate Bitcoin financial strategy

According to Businesswire, cross-border consumer goods e-commerce group DDC Enterprise (NYSE: DDC) announced that it has signed three securities purchase agreements with plans to raise a total of no more than $528 million, primarily to expand its Bitcoin reserves. This financing includes three parts: a $26 million equity PIPE investment (with investors including Animoca Brands, Kenetic Capital, etc.), a $300 million convertible secured note (invested by Anson Funds), and a $200 million equity credit line.