Bitcoin-focused treasury firm DDC announced that it purchased another 100 BTC during the recent pullback, reinforcing its long term strategy.
DDC, a Bitcoin-focused treasury firm, said it took advantage of the latest market downturn by purchasing an additional 100 BTC, bringing its total holdings to 1,183 BTC. The company framed the buy as a strategic move aligned with its long term positioning.
The firm emphasized that the purchase was intentionally made during a period of weakness rather than through price agnostic accumulation. DDC now holds BTC at an average cost of 106,952 dollars and sees market dips as opportunities instead of noise, distancing itself from industry peers’ approaches.
Management highlighted that Bitcoin yields in the second half of the year have reached 122 percent. CEO Norma Chu noted that their strategy is built on discipline, patience and long term conviction, stating that short term volatility does not dictate their decision making.
Shares reacted immediately to the announcement. DDC stock jumped 22 percent to 3.465 dollars, though it remains more than 80 percent below its June peak. Meanwhile, Bitcoin traded little changed on the day, hovering just below 87,000 dollars.
