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DDC Enterprise Becomes 44th Largest Public Bitcoin Holder After 100 BTC Purchase
DDC Enterprise Expands Bitcoin Holdings:
- DDC Enterprise Limited acquired 100 Bitcoin, increasing its total to 1,183 BTC.
- The acquisition occurred during a market dip, aligning with DDC's long-term investment strategy.
- Average cost per Bitcoin was reported as $106,952.
- Post-purchase, DDC ranks as the 44th largest public Bitcoin treasury in the US.
- H2 Bitcoin yield stands at 122% for DDC, indicating effective treasury management.
Market Influences and Corporate Activity:
- Bitcoin's approach to $90,000 driven by corporate demand post-US-China trade discussions.
- BlackRock resumed buying, adding $83 million to Bitcoin ETFs on Nov. 25.
- Total inflows for US-listed Bitcoin ETFs reached $128.7 million on the same day.
- Improved macro conditions and ETF momentum encouraged corporate treasurers to invest.
Best Wallet Presale Update:
- Following DDC's purchase, institutional demand boosted early-stage crypto projects like Best Wallet.
- Best Wallet presale surpassed $17.6 million, highlighting interest in AI-enhanced self-custody solutions.
- BEST token presale ongoing with current pricing at $0.026.