DDC Enterprise Limited operates an Asian food platform under the DayDayCook brand, offering ready-to-eat and ready-to-cook meal products in China, Hong Kong, and the US. The company adopted a Bitcoin treasury strategy in May 2025, using proceeds from convertible notes and equity financings to acquire BTC.
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| DDC-Jul27 | Jul '25 – Jul '27 | 0% | 26.32M USD | 26.32M USD | 13.65 USD | 8.7x |
| Total | 26.32M USD | |||||
16,000,000 preferred shares at $2.05 stated value
Form 6-K (Senior Convertible Preferred Shares subscription)Class A 22,660,530 + Class B 1,750,000
Registration Statement (F-1)