Foresight News: DDC Enterprise, an Asian consumer food company, Ltd. (DayDayCook) announced the inclusion of Bitcoin in its treasury reserves and appointed Web3 and cryptocurrency asset management expert Alex Yang as strategic advisors. An investor group will inject 100 BTC to subscribe for DDC Class A common stock at a price of $0.50 to $1.25 per share, representing a premium of 100% to 400% over recent trading levels. Both parties plan to reach a final agreement and complete the first batch of Bitcoin purchases within the next 30 days. DDC stated that this move aims to diversify the balance sheet, with the first batch of 25 BTC to be injected during initial trading, followed by phased injections of the remaining portion every 4-6 weeks, totaling 100 BTC worth approximately $8 million to $8.5 million. The issued shares will be subject to a lock up period of at least 180 days and performance targets. DayDayCook is a multi brand Asian consumer food company, with brands including DayDayCook, Nona Lim, Yai's Thai, etc., committed to providing convenient and healthy ready to eat and cooked products. Alex Yang is a seasoned professional in the fields of encryption and digital assets, currently serving as the CEO of Volmart, a Hong Kong fintech company.
The perpetual trading volume of Binance POL/USDT surged tenfold within 10 minutes, with a turnover of 20.92 million US dollars in the past 24 hours, a decrease of 4.82%.
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
Odaily Planet Daily News: DayDayCook, a consumer food company listed on the New York Stock Exchange, announced that it will purchase 100 bitcoins and inject them into financial reserves in the next three months. The funds will be obtained by issuing Class A common shares to investors at a premium price of $0.50 to $1.25 per share. The first delivery of 25 bitcoins will be completed within 30 days.
In addition, Alex Yang, CEO of cryptocurrency market maker Volmart, will serve as a strategic advisor.
The current price of HTX-BTC is $82705.20, with a drop of 0.42% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 141 million US dollars, with multiple orders being the main liquidation and 28.11 million US dollars (19.93%) of BTC liquidation. The data is for reference only.
