The acquisition raises DDC‘s total corporate bitcoin treasury to 138 BTC worth $14.85 million. The company stated the purchase was made at an “optimized market entry” point, bringing its average cost per bitcoin held to $78,582. This means by dollar-cost averaging, they spent $10.84 million for the BTC cache.

DDC reported this latest buy resulted in a 22% yield increase compared to its previous purchase executed in late May. The company frames these purchases as part of a “disciplined accumulation” strategy.

“Today’s 38 BTC acquisition proves our focused execution,” said Norma Chu, DDC’s founder, chairwoman and CEO. “We continue to aim for higher [bitcoin] yield return for our shareholders.”

Chu added:

With every bitcoin added, we strengthen shareholder exposure to digital scarcity.

Following this purchase, that exposure stands at 0.029679 BTC per 1,000 shares of DDC stock. The company further reiterated its “uncompromising” pursuit of becoming a top global corporate bitcoin treasury holder.

DDC trades on the NYSE American under the ticker symbol DDC. The goal is to stack 500 bitcoin by the end of the sixth month period which started in early May. Eventually, DDC hopes to hold a total of 5,000 BTC in reserves.

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