DayDayCook enters the cryptocurrency circle, planning to mine 5000 bitcoins in 3 years.
Hong Kong cooking platform DayDayCook's parent company DDC Enterprise announced its performance last week. Founder, chairman, and CEO Joyce Cheah revealed that she is planning to purchase 100 Bitcoins, hoping to accumulate 500 Bitcoins within 6 months, and a total of 5000 Bitcoins within 36 months. According to the latest data from CoinDesk, Bitcoin is currently priced at 103,193 US dollars. Therefore, DDC's planned purchase of 100 Bitcoins would require an investment of 10.3193 million US dollars, while 5000 Bitcoins would require an investment of 516 million US dollars.
Additionally, the group has stated that it aims to be at the forefront of digital asset innovation, focusing on accumulating Bitcoins. A fund management team and a newly expanded cryptocurrency advisory committee will oversee the Bitcoin reserve strategy to ensure discipline and risk awareness. DDC's stock rose by 14.05% last Friday, reaching 4.3 US dollars, with a market value of approximately 17.31 million US dollars. After hours, it fell by 6.98%, reaching 4 US dollars.
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