Hong Kong's "DayDayCook" is scanning for Bitcoin! The parent company plans to purchase 5000 BTC over three years.

DDC Enterprise, the parent company of Hong Kong, plans to invest heavily in buying 5,000 bitcoins in three years. (Synopsis: US lawmakers pressure SEC: 25 Chinese companies, including Alibaba, Baidu, should be immediately delisted from the US exchange) (Background supplement: Web3 IPO wave: token financing has been "not good") Cooking teaching company cross-border Bitcoin! DDC Enterprise (DDC, the parent company of "Day Day Cooking" founded by Hong Kong food KOL Norma. US) recently dropped a shock bomb on the market, planning to launch a "Bitcoin Reserve Strategy". The company, which originally relied on teaching people to cook, suddenly had ambitions to become a coin predator, aiming to buy 5,000 bitcoins in the next three years! It's a deal of hundreds of millions of dollars. In one fell swoop, I invested nearly half of my cash and short-term investment (about $10.3194 million) to buy 100 coins. Why are food KOLs betting on Bitcoin? DDC Enterprise's overwhelming "coin speculation" goal is to swallow 5,000 bitcoins within three years, that is, by 2028, and the whole plan is divided into three steps: the first step is to quickly buy 100 coins; Then within half a year, it is necessary to increase the size to 500 pieces and quickly open a position. According to the DDC, there is a dedicated money management team and a cryptocurrency advisory board to assist in professional operations. As of the end of March this year, DCC had about $23.6 million in cash and short-term investments on its books, and the initial purchase of 100 bitcoins had already consumed about $10.3194 million, nearly half (43.7%) of its liquidity, based on the market price of about $103,900 at the time! Why is DDC making a big move to transform cryptocurrency investment? Their founder, chairman and CEO, Carrie Chu, came out to explain, saying, "Bitcoin's characteristics as a store of value and a hedge against overall economic uncertainty are very much in line with DDC's vision of diversifying reserves and enhancing shareholder returns." She said that she wants to make DDC a leader in digital asset innovation! Looking at Bitcoin's potential appreciation and hedging function, it will also cooperate with other business development strategies such as joint ventures with China. Related reports Hong Kong Tiger Securities opens Bitcoin, Ethereum stored value, meets the conditions to send Coinbase shares Futu Securities opens Bitcoin, Ethereum, USDT stored value: Hong Kong brokers go with crypto Xiao Feng Hong Kong Dialogue Vitalik: One year to learn Chinese, Ethereum Foundation opens a branch in Hong Kong.. 〈Hong Kong "DayDayCook" DayDayCook sweeps bitcoins! The parent company plans to purchase 5,000 BTC in three years" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".