{"id":28444,"date":"2025-05-24T20:01:45","date_gmt":"2025-05-24T20:01:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28444"},"modified":"2025-05-24T20:01:45","modified_gmt":"2025-05-24T20:01:45","slug":"a-small-food-firm-buys-21-bitcoin-jumping-on-btc-treasury-trend-shares-fall-anyways","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28444","title":{"rendered":"A Small Food Firm Buys 21 bitcoin, Jumping on BTC Treasury Trend, Shares Fall Anyways"},"content":{"rendered":"<div>\n<p>DDC Enterprise (DDC), an <a href=\"https:\/\/ir.daydaycook.com\/\">Asian food company<\/a>, has announced the acquisition of 21 BTC as part of a long-term plan to incorporate the cryptocurrency into its corporate treasury.<\/p>\n<p>The company, led by founder and CEO Norma Chu, exchanged 254,333 class A ordinary shares for BTC, in a transaction valued at roughly $2.28 million, <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250523649631\/en\/DDC-Enterprise-Announces-First-21-Bitcoin-Purchase-Reinforces-Commitment-to-Bitcoin-Accumulation-Strategy\">according to a press release<\/a>.<\/p>\n<p>The move positions DDC among a growing cohort of public companies using BTC as a treasury asset. Two more purchases totaling 79 BTC are expected in the coming days, bringing the company&#8217;s initial holdings to 100 BTC.<\/p>\n<p>In a shareholder letter issued last week, Chu outlined plans to accumulate up to 500 BTC within six months and aim for 5,000 BTC in three years.<\/p>\n<p>While companies adopting bitcoin as a strategic treasury asset often see major price rises, DDC saw the opposite. The company\u2019s shares dropped more than 12% on Friday\u2019s trading session, while the S&amp;P 500 dropped 0.6% and the tech-heavy Nasdaq fell 1%.<\/p>\n<p>DigiAsia (FAAS), for example, saw its share prices surge more than 90% in a single trading session after announcing a $100 million BTC treasury plan earlier this month.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DDC Enterprise (DDC), an Asian food company, has announced the acquisition of 21 BTC as part of a long-term plan to incorporate the cryptocurrency into its corporate treasury. The company, led by founder and CEO Norma Chu, exchanged 254,333 class A ordinary shares for BTC, in a transaction valued at roughly $2.28 million, according to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28444","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28444"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28444\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}