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A Chinese company has announced that it will establish a Bitcoin strategic reserve! Here is the amount of BTC they will purchase!
The China-based publicly traded technology company DDC Enterprise announced that it plans to acquire 5,000 Bitcoin (BTC) as part of its strategic growth plans for the year 2025.
The company is taking this step towards the goal of creating a "Strategic Bitcoin Reserve."
DDC Enterprise announced two major initiatives built on the foundation they established last year in their press release titled "2025: Year of Strategic Acceleration". The first is the new joint venture (Joint Venture) established in China, while the second is the Bitcoin reserve strategy.
The company stated the following in its announcement:
In a statement, the CEO of DDC argued that the unique features of Bitcoin as a long-term store of value align with the company's goals of protection against macroeconomic uncertainties and reserve diversification.