DDC Enterprise Embarks on Ambitious Bitcoin Accumulation Plan with 21 BTC Purchase
Hong Kong-based meal delivery company DDC Enterprise has taken its first step into the cryptocurrency world by purchasing 21 Bitcoin, valued at $2.28 million, on May 23. The NYSE-listed firm has announced a bold three-year strategy to amass 5,000 BTC, which would place it among the top corporate holders of Bitcoin globally. This move highlights the growing trend of corporations integrating Bitcoin into their treasury strategies as a hedge against inflation and a long-term store of value. DDC Enterprise plans to acquire an additional 79 BTC soon, bringing its total holdings to 100 BTC. This strategic initiative underscores the company's confidence in Bitcoin's future potential and its commitment to leveraging digital assets for financial growth. As of July 2025, the cryptocurrency market continues to attract institutional interest, with companies like DDC Enterprise leading the charge in adopting Bitcoin as a core part of their financial portfolios.
DDC Enterprise Initiates Bold Bitcoin Treasury Strategy with 21 BTC Purchase
Hong Kong-based meal delivery firm DDC Enterprise has made its first move into cryptocurrency, acquiring 21 Bitcoin worth $2.28 million on May 23. The NYSE-listed company unveiled an ambitious three-year plan to accumulate 5,000 BTC, positioning itself among the top corporate Bitcoin holders globally.
The food technology firm intends to purchase an additional 79 BTC shortly, bringing its total holdings to 100 BTC. DDC's roadmap calls for accumulating 500 BTC within six months through a combination of direct purchases and share exchanges, with the full 5,000 BTC target expected within three years.
Market reaction proved mixed as company shares dropped over 14% on the announcement day—a stark contrast to the typical stock price surges seen with corporate bitcoin adoption. At the planned 5,000 BTC threshold, DDC would rank just outside the top 10 public companies by Bitcoin treasury size.
NYC Man Arrested for Bitcoin Kidnapping and Torture Case
A harrowing cryptocurrency-related crime unfolded in Manhattan as John Woeltz, 37, faces multiple felony charges for allegedly imprisoning and torturing a 28-year-old Italian investor for weeks. The victim escaped on Friday after enduring beatings, electrocution, and psychological terror in an upscale townhouse since May 6.
Police discovered a chilling arsenal during their search—including a saw, chicken wire, and photographs showing the victim with a gun pressed to his head. The assailant's singular objective: coercing the transfer of Bitcoin holdings. This case marks the 26th documented 'wrench attack' targeting crypto holders in 2025, revealing the dark underbelly of digital asset security challenges.
Bitcoin Conference Las Vegas 2025: Key Themes and Speaker Highlights
The Bitcoin Conference 2025, set for May 27-29 at the Venetian Conference Center in Las Vegas, will spotlight groundbreaking developments in the Bitcoin ecosystem. LAYER 2 solutions like BitVM2 bridges and advancements in the Lightning Network—particularly following Tether's Taproot Assets integration—will dominate discussions.
Industry leaders and developers will explore scaling solutions to enhance Bitcoin's speed and cost-efficiency. The event promises major announcements aimed at unlocking decentralized use cases, reinforcing Bitcoin's dominance in the crypto landscape.
Bitcoin Bull Run Intact, But New Sell Signals Flash: Is a Market Cool-Off Ahead?
Bitcoin maintained its upward trajectory last week despite emerging warning signals beneath the surface. Institutional demand remains robust, while retail activity shows signs of cooling—a classic indicator of a distribution phase. Analyst Axel Adler Jr highlights key on-chain data suggesting potential shifts in BTC's near-term direction.
Active Bitcoin addresses declined 6.56% over seven days, falling from 8.62 million to 8.06 million. This pullback typically signals retail traders taking profits or reducing speculative positions, often preceding market consolidation.
Bitcoin (BTC) Price Prediction & Analysis: Traders Eye $120,000 Target Despite Tariff Drama
Bitcoin reclaimed the $109,600 level in Sunday trading as markets digested President Trump's decision to delay proposed EU tariffs until July 9. The reprieve followed a week of volatility that saw BTC retreat from its May 22 all-time high of $111,814 after initial tariff threats.
Derivatives markets signal growing conviction among traders, with 24-hour open interest climbing 2.59% to $76.66 billion. Options activity on Deribit reveals aggressive positioning, with concentrated bets targeting $120,000 by June expiry.
The tariff delay sparked parallel rallies across risk assets, lifting U.S. equity futures 0.8-1% in early trading. Market participants now watch for sustained momentum above $110,000 as the next technical hurdle.
Florida Moves to Eliminate Capital Gains Tax on Bitcoin
Florida has taken a significant step toward becoming a cryptocurrency haven with the introduction of a bill to exempt Bitcoin transactions from capital gains taxes. The proposed legislation, now under review, aims to reduce financial barriers for crypto investors and attract blockchain innovation to the state.
Supporters argue the tax exemption could position Florida as a leader in digital asset adoption, mirroring the early-stage incentives that fueled tech hubs like Silicon Valley. The MOVE follows growing institutional interest in Bitcoin as both an inflation hedge and payment mechanism.
Market analysts suggest such regulatory tailwinds may accelerate mainstream crypto acceptance. While focused solely on Bitcoin for now, the bill sets a precedent that could eventually extend to other digital assets.
