Gate News reports that on March 20, publicly traded company DDC Enterprise increased its Bitcoin holdings by 200 coins, bringing its total Bitcoin holdings to 2,383 coins, valued at approximately $165 million. It is reported that in January, the company added about 200 Bitcoin per week, and in February, about 100 Bitcoin per week. DDC stated that the average price of the newly purchased Bitcoin was $79,969. The company also reported that its “Bitcoin return” for the year to date is 44.9%, a metric defined by the company to track the change in Bitcoin per share. This move ranks DDC as the 32nd publicly traded company holding Bitcoin, but it still lags far behind large financial institutions holding tens of thousands of Bitcoin.
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