Overview

• The equity round was led by PAG Pegasus Fund and Mulana Investment Management, with participation from OKG Financial Services.
• Shares were issued at $10, a 16% premium to the prior close, and all participating investors agreed to a 180‑day lock‑up.
• Founder and CEO Norma Chu invested $3 million of personal capital in the financing.
• DDC reports holdings of 1,058 BTC and says the new capital will accelerate progress toward its end‑2025 target of 10,000 BTC.
• Earlier this year, the company completed a $528 million raise led by Anson Funds, Animoca Brands, and Kenetic Capital, as new backers describe its treasury model as an institutional blueprint.