NEW YORK--(BUSINESS WIRE)--May 27, 2026--
DDC Enterprise Limited (NYSE American: DDC) (“DDC” or the “Company”), a global Asian food platform and digital asset treasury company, today disclosed the purchase of an additional 131 Bitcoin (“BTC”), expanding the Company’s corporate Bitcoin treasury to 2,714 BTC. Bitcoin per 1,000 DDC shares rose by 5.1% to 0.057053. DDC continues to rank among the top 30 publicly traded corporate Bitcoin holders worldwide.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260527178101/en/
Today marks DDC's second Bitcoin purchase in seven days, following the 200 BTC acquired on May 21. The two transactions have together added 331 BTC and lifted Bitcoin holdings by approximately 13.9%, with no new common shares issued. The 131 BTC size of today's transaction reflects available liquidity and balance sheet capacity, consistent with the Company's approach of deploying capital in measured, opportunistic increments rather than committing at any single price.
Bitcoin Purchase Highlights
"Discipline in a Bitcoin treasury is proven through repetition," said Norma Chu, Founder, Chairwoman, and Chief Executive Officer of DDC Enterprise. "Today's purchase puts capital we previously raised to work, without printing a single new share to do it. Our mandate is straightforward: get more Bitcoin behind every DDC share, and keep proving that mandate one transaction at a time."
DDC intends to keep building its Bitcoin treasury under the same framework that guided today's purchase: deploying capital raised above per-share Bitcoin NAV in measured, opportunistic increments rather than committing at any single price. The broader objective is to compound durable value across both the operating business and the balance sheet so that each DDC share represents more Bitcoin, a stronger Asian food platform, and a deeper capital base over time.
About DDC Enterprise Limited
DDC Enterprise Limited (NYSE American: DDC) is a global Asian food platform and digital asset treasury company. The Company operates a portfolio of leading Asian food brands that generated $39.2 million in fiscal year 2025 revenue with first-time positive Adjusted EBITDA, and it holds one of the largest corporate Bitcoin treasuries among NYSE-listed consumer companies. DDC is led by Founder, Chairwoman, and Chief Executive Officer Norma Chu. For more information, visit www.ddc.xyz.
Caution Regarding Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. Examples of forward-looking statements include those related to business prospects, accumulation of Bitcoin, the Company and its management’s view of market conditions and outlook, and the Company’s goals, strategy and future activity. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 20-F, 6-K and other reports filed with the Securities and Exchange Commission (“SEC”) and available at www.sec.gov. It is also inherent in forward-looking statements for there to be risks, uncertainties and other factors beyond the Company’s ability to predict or control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.
DDC Now Holds 2,714 BTC
MINA, Saudi Arabia (AP) — Masses of pilgrims in Saudi Arabia threw pebbles at a large pillar in a symbolic ritual on Wednesday, one of the final days of the Hajj as Muslims around the world started celebrating the Islamic holiday of Eid al-Adha.
Pilgrims in Mina, Saudi Arabia, chanted “Allahu akbar” (“God is great”) while throwing pebbles in a ritual seen as a symbolic stoning of the devil. The act is also seen as a symbol of rejecting evil and a commemoration of the Prophet Ibrahim’s rejection of temptation when the devil tried to dissuade him from submitting to God’s will.
Large crowds of pilgrims moved through the sprawling Jamarat complex after arriving from Muzdalifah, where they collected pebbles overnight following a day of worship and prayer at Arafat on Tuesday.
Aamar Shakur, a pilgrim from Pakistan, said he saw the pebble throwing as a symbol of confronting personal struggles in which he was “throwing the stone to my own devil.”
The last days of the Hajj in Saudi Arabia coincide with Eid al-Adha, or “Feast of Sacrifice,” which marks the willingness of Ibrahim, known as Abraham to Christians and Jews, to sacrifice his son. During the holiday, Muslims typically slaughter sheep or cattle and distribute some of the meat to poor people.
The Hajj, one of the Five Pillars of Islam, is required once in a lifetime of every Muslim who can afford it and is physically able. Performed over several days, the Hajj can be a deeply moving spiritual experience and a chance to seek God’s forgiveness.
The physically demanding Hajj has been held this year in intense heat, which appeared to take a toll on some as they moved between holy sites. Medical teams stationed across Mina were seen treating several pilgrims.
Many poured water over their heads and faces to cool themselves under the scorching sun, while others carried umbrellas. Some pushed elderly relatives and loved ones in wheelchairs through the crowds toward the pillars so they could complete the ritual.
The Hajj brings together large numbers of Muslims of diverse races, ethnicities, languages and socioeconomic classes, creating a sense of unity for many.
More than 1.5 million pilgrims have arrived from abroad, a Saudi official said Friday.
This year's Hajj takes place against the backdrop of a tenuous ceasefire in the Iran war and related uncertainty throughout the region.
Eid al-Adha is a typically a joyous occasion, marked with communal prayers, food and festive gatherings with loved ones. In some places, though, conflicts and economic pressures, are dampening festivities for many.
In Jakarta, Indonesia, Muslim worshippers have joined communal prayers in the mosques and streets.
Lebanon is observing Eid al-Adha amid an ongoing conflict between Israel and the Hezbollah militant group. Many of the displaced people in the country are sheltering in tented settlements or public schools repurposed as shelters, a far cry from the normalcy of spending the occasion among friends and family in their hometowns.
“There is no Eid for us. We are displaced, forced to leave our land, our homes, our livelihoods, while our memories are being destroyed,” said Rabee Khreis, who fled the village of Khiyam where intense fighting has taken place.
A U.S.-brokered ceasefire in the Israel-Hezbollah conflict appeared more nominal by the day, complicating efforts at a broader peace in the Iran war.
In the Gaza Strip, where the Israel-Hamas war that began in October, 2023, has devastated the territory and its people, Palestinians are observing a subdued Eid al-Adha under a fragile ceasefire and rampant suffering and displacement.
“This is not Eid... we’re dead,” said Mahmoud Saqer, a displaced man from Khan Younis.
In Khan Younis and Gaza City, amid destroyed buildings, worshippers gathered for Eid prayers with few signs of celebration as the typical joy of Eid eluded many.
“There’s no Eid. My children were killed,” said Ayda Al-Banna, a displaced woman from Gaza City, who prayed Eid prayers with her granddaughter. “Eid is only for the people who lost no one.”
Israel’s military offensive in Gaza has killed more than 72,803 Palestinians, according to Gaza’s Health Ministry, caused widespread destruction and displaced most of the territory’s residents. The ministry, part of the Hamas-led government, maintains detailed casualty records that are seen as generally reliable by U.N. agencies and independent experts. It does not give a breakdown of civilians and militants.
Israel launched the offensive after Hamas-led militants killed some 1,200 people, mostly civilians, and took another 251 hostage in an attack on Israel on Oct. 7, 2023. While the heaviest fighting has mostly subsided since a fragile ceasefire took effect on Oct. 10, deadly Israeli strikes have repeatedly disrupted the truce. Hamas and Israel have accused each other of violating the ceasefire.
Fam reported from Winter Park, Florida. Associated Press journalists Wafaa Shurafa in Deir al-Balah, Gaza Strip, Ali Sharafeddine in Beirut, and Andi Jatmiko in Jakarta, Indonesia, contributed.
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.
Muslim pilgrims cover their heads to avoid sunlight as they rest while on their way to cast pebbles at pillars in the symbolic stoning of the devil, the last rite of the annual Hajj, in Mina near the holy city of Mecca, Saudi Arabia, Wednesday, May 27, 2026. (AP Photo/Altaf Qadri)
Muslim pilgrims shave each other's heads, during a ritual known as "halq," marking the completion of Hajj after the symbolic stoning of the devil in Mina near the holy city of Mecca, Saudi Arabia, Wednesday, May 27, 2026. (AP Photo/Altaf Qadri)
Muslim pilgrims pray after they cast pebbles at pillars in the symbolic stoning of the devil, the last rite of the annual Hajj, in Mina near the holy city of Mecca, Saudi Arabia, Wednesday, May 27, 2026. (AP Photo/Altaf Qadri)
Muslim pilgrims leave after casting pebbles at pillars in the symbolic stoning of the devil, the last rite of the annual Hajj, in Mina near the holy city of Mecca, Saudi Arabia, Wednesday, May 27, 2026. (AP Photo/Altaf Qadri)
A Muslim pilgrim drinks water as pilgrims walk on their way to cast pebbles at pillars in the symbolic stoning of the devil, the last rite of the annual Hajj, in Mina near the holy city of Mecca, Saudi Arabia, Wednesday, May 27, 2026. (AP Photo/Altaf Qadri)