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DDC Enterprise expands corporate Bitcoin treasury holdings

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Bitcoin traders face possible 70% drawdown with $38k target in play

DDC Enterprise bought 200 BTC at $79,969 each, lifting its 2,383 BTC treasury above its $66m market cap as it leans harder into a high‑beta Bitcoin proxy strategy.

Summary

  • DDC Enterprise added 200 BTC at an average $79,969, taking its corporate stash to 2,383 BTC worth about $165m and ranking 32nd among public Bitcoin holders.
  • The New York-listed Asian food platform now has a $66.43m market cap, meaning its Bitcoin holdings alone materially exceed the company’s equity value.
  • Armed with up to $528m in structured financing and a 5,000–10,000 BTC reserve target, DDC is executing a MicroStrategy-style playbook of aggressive, weekly BTC accumulation.

DDC Enterprise Limited (NYSEAMERICAN: DDC) announced the purchase of an additional 200 Bitcoin on Thursday, bringing its total corporate treasury holdings to 2,383 BTC valued at approximately $165 million — a move that underscores the company’s determination to keep accumulating even as markets sell off under the weight of the Iran war and surging oil prices.

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The purchase was made at an average cost of $79,969 per Bitcoin, lifting DDC to 32nd place among publicly listed corporate Bitcoin holders globally, according to data from Bitcointreasuries.net. The company’s year-to-date “BTC yield” — a metric tracking the growth in Bitcoin holdings per share — stands at 44.9%, reflecting an aggressive pace of accumulation since the start of 2026.

DDC Enterprise is a New York-listed global Asian food platform that has, over the past year, reinvented itself as one of the most active small-cap corporate Bitcoin accumulators in the world. The company’s current market capitalization stands at just $66.43 million — meaning its Bitcoin treasury, valued at approximately $165 million at current prices, materially exceeds its equity value.

The accumulation story began in earnest in mid-2025, when CEO and Founder Norma Chu announced up to $528 million in structured financing — one of the largest single-purpose Bitcoin raises by any NYSE-listed company at the time — with substantially all proceeds earmarked for Bitcoin acquisition. By the end of 2025, DDC held 1,183 BTC. Since January 1, 2026 alone, the company has added 1,200 BTC, effectively more than doubling its holdings in less than three months.

Thursday’s purchase is at least the eighth consecutive weekly accumulation event. The company bought 600 BTC in January 2026 across three separate transactions, followed by weekly purchases of 100 BTC, 80 BTC, 50 BTC, and further tranches through February and March. Each announcement has been accompanied by a statement from Chu, who said Thursday: “Every additional Bitcoin we add is a statement about where we think long-term value is heading.”

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The timing is notable. With BTC trading below $70,000 — down more than 3% on the day — and geopolitical risk at its highest point since the war began, DDC is buying into weakness rather than momentum. The company’s average cost per Bitcoin of $79,969 means the treasury is currently underwater relative to purchase price, yet the firm shows no sign of slowing its accumulation program.

DDC’s strategy closely mirrors, at smaller scale, the MicroStrategy playbook pioneered by Michael Saylor — treating Bitcoin not as a speculative asset but as a primary reserve, funded through equity and debt financing rather than operating cash flow. The company describes its goal as building “a world-class Bitcoin treasury defined by strong governance and repeatable execution,” while maintaining its core Asian food business alongside the digital asset strategy.

With its stock trading at $2.18, down sharply from a 52-week high of $20.83, and a beta of 5.7, DDC remains one of the highest-volatility Bitcoin proxy plays available to U.S. equity investors — a high-risk, high-conviction bet that the price of Bitcoin will ultimately vindicate the math.

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Tower Semiconductor (TSEM) Stock Rockets 14% Following Oriole Networks Partnership

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TSEM Stock Card

Key Highlights

  • TSEM shares have climbed approximately 14% Thursday and surged over 33% following Monday’s Oriole Networks announcement
  • The collaboration targets deterministic, ultra-low latency networks for AI systems leveraging Tower’s silicon photonics capabilities
  • Tower introduced its new BCD Gen3 power management solution designed for AI data center applications
  • A separate partnership with Salience Labs advances optical circuit switching innovation
  • Shares have skyrocketed more than 300% in the trailing twelve months

Tower Semiconductor (TSEM) experienced a substantial rally of approximately 14% during Thursday’s trading session, defying broader market weakness. This upward momentum continues a rally that started early this week following the company’s strategic partnership announcement with Oriole Networks.


TSEM Stock Card
Tower Semiconductor Ltd., TSEM

From Monday’s announcement through recent trading, TSEM has advanced more than 33%. The stock most recently traded near $161.90.

The collaboration with Oriole Networks emphasizes deterministic, ultra-low latency networking solutions built upon Tower’s established silicon photonics infrastructure. This technology addresses critical needs in AI systems, where networking performance and efficiency face mounting demands.

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During the initial announcement, Oriole CEO James Regan emphasized that AI expansion is compelling the sector to reimagine conventional network designs. “As models scale, traditional architectures encounter an inflexible latency barrier — whereas Oriole’s deterministic, low-latency approach seamlessly overcomes it,” he stated.

The optical networking sector Tower is pursuing could achieve $80 billion in value by decade’s end, based on projections referenced during the partnership announcement.

Power Management Innovation Strengthens Growth Narrative

Alongside the Oriole collaboration, Tower unveiled its BCD Gen3 power management solution this week. This platform addresses AI data center requirements and mobile power applications, with Tower claiming best-in-class LDMOS capabilities.

The introduction establishes Tower’s presence in the AI power management sector, an area experiencing rising demand for efficient, high-capability semiconductor solutions.

Tower reported approximately $1.44 billion in quarterly revenue during its latest period, demonstrating the company’s breadth across diverse semiconductor segments.

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Advancing Photonics Innovation with Salience Labs

Tower maintains an ongoing collaboration with Salience Labs centered on optical circuit switching technology — transmitting information via light signals instead of traditional electrical pathways.

This initiative has transitioned from research phases into pre-production stages, based on recent company communications. The approach substitutes conventional electronic switching with photonic architecture, offering enhanced capability for managing data throughput in large-scale AI computing environments.

Combined, the Oriole and Salience collaborations establish Tower’s position across multiple dimensions of AI networking technology.

TSEM has appreciated more than 300% during the past year, positioning it among the top-performing semiconductor stocks over this timeframe.

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Thursday’s 14% advance occurred despite weakness across major market indices, highlighting the substantial investor focus generated by the Oriole partnership since Monday’s revelation.

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Singapore’s Ryde Bets on Crypto Reserves for Corporate Treasury

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Crypto Breaking News

Ryde Group, a Singapore-based ride-hailing and carpool platform listed on the NYSE American, said on Wednesday that it will formalize a crypto treasury strategy for its corporate reserves. The plan contemplates allocating a portion of Ryde’s treasury to Bitcoin (BTC), Ether (ETH), and Solana (SOL), with exact allocations and timing to be determined by a governance team within the company, per its announcement.

The company argues that the evolving macroeconomic environment warrants a more flexible approach to treasury management, and says holding digital assets could offer additional options for optimizing capital and liquidity. Ryde emphasized that its crypto holdings will be stored with a third-party custodian, and that it has established an investment committee to oversee portfolio decisions and a separate risk management committee to ensure safety and regulatory compliance. These governance layers are designed to balance potential upside with prudent oversight.

Ryde’s stock, which trades on the NYSE American, traded down roughly 13% in early Thursday afternoon trading, trimming a year-to-date gain of more than 122% per Yahoo Finance. The company did not immediately respond to a request for comment by publication time.

Historically, Ryde began accepting Bitcoin as an in-app payment method in 2020 and later broadened support to include some altcoins. It remains unclear whether the platform currently accepts cryptocurrency for payments, but RydePay historically allowed users to convert supported cryptocurrencies into Ryde tokens to pay for services on the platform.

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The move to crypto treasuries is noteworthy as the broader sector faces mounting headwinds. Industry data cited by Cointelegraph shows that digital-asset treasury firms have struggled with a challenging environment, including a September 2025 multi-asset net asset value (mNAV) collapse that left many treasuries trading below the value of their crypto holdings. In February 2026, monthly inflows into crypto treasury firms slowed to their lowest levels since October 2024, reaching about $555 million for the month. The sector’s fragility is also reflected in corporate actions like GD Culture Group (GDC) authorizing the sale of portions of its Bitcoin reserve to finance a share buyback, and in the challenges faced by Ether-backed treasuries such as BitMine Immersion Technologies, which reported substantial paper losses as Ether prices remained far from its average acquisition price.

Key takeaways

  • Ryde Group plans a formal crypto treasury, allocating reserves to BTC, ETH, and SOL, with allocations and timing set by an internal governance team.
  • Assets would be held with a third-party custodian, supported by an investment committee and a separate risk management committee to oversee compliance and risk.
  • The development follows Ryde’s prior crypto usage for payments (BTC in-app payments started in 2020), though current acceptance for payments is not clearly stated.
  • Ryde’s stock fell about 13% in Thursday trading, after a strong year-to-date rally, highlighting the market’s sensitivity to treasury-related disclosures and crypto volatility.
  • Industry-wide data show a difficult environment for corporate digital-asset treasuries, with an mNAV collapse in 2025 and subdued inflows in early 2026, alongside corporate strategies to rebalance holdings (e.g., GD Culture Group and Ether treasuries).

Ryde’s treasury pivot and the path forward for corporate crypto strategies

Ryde’s announcement positions the company within a growing, albeit cautious, cohort of corporate treasuries embracing digital assets as part of their capital management playbooks. By formalizing a governance-driven framework, Ryde aims to navigate crypto volatility while seeking potential upside from long-hold assets like BTC, ETH, and SOL. The use of a custodian and dedicated governance structures points to a desire for regulatory compliance and risk containment, two features that have separated blue-chip treasuries from opportunistic trades in the sector.

Analysts and investors will want to watch several developments in the coming quarters. First, the allocation mix and the size of the crypto position will indicate how aggressively Ryde leans into digital assets relative to traditional cash holdings. Second, governance and risk-management processes will be tested as crypto markets move through cycles of volatility and regulatory inquiry. Finally, the company’s broader treasury strategy could influence investor sentiment around Ryde’s balance sheet resilience and capital allocation priorities in a sector where market dynamics and macro factors can trigger rapid revisions in corporate crypto plans.

Industry backdrop: what the broader market is telling treasuries

The trajectory of corporate digital-asset treasuries in 2025–2026 has been a study in contrasts. After a period of rapid expansion, the sector experienced a notable mNAV collapse in September 2025, with several treasuries trading below the net value of their crypto holdings. In February 2026, monthly inflows into crypto-treasury products slowed to about $555 million—the lowest since October 2024—signaling tighter appetite among corporate treasuries despite renewed interest in blockchain-enabled treasury solutions. This environment has also seen firms take measured actions, such as GD Culture Group authorizing the sale of Bitcoin reserves to finance a share-repurchase program, while others grapple with unrealized losses tied to ether prices in the market.

Observers emphasize that these conditions complicate the decision to deploy capital into crypto while underscoring the importance of robust governance, transparent reporting, and clear regulatory alignment for corporate treasuries. The Ryde move, if executed with discipline, could serve as a case study in how mid-cap, non-crypto-specific companies approach digital assets as part of a broader treasury strategy rather than as a speculative bet.

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For readers, the next milestones to monitor include the specific asset allocations Ryde approves, the cadence of rebalancing, and the outcomes of its risk-management oversight. The evolving regulatory framework around corporate crypto holdings and the development of custodian standards will also shape how aggressively other non-crypto firms contemplate digital-asset treasuries in the future.

Sources linked in coverage and sector data provide a broader context for Ryde’s move: the company’s own announcement on the crypto-treasury shift, public stock-trading records such as Yahoo Finance for Ryde’s share movement, and sector analysis detailing mNAV developments and inflows data from Cointelegraph-reported industry metrics and CoinGecko-tracked treasury charts. These inputs help frame the decision as part of a wider re-examination of how companies balance risk, liquidity, and potential upside in a volatile macro environment.

What remains uncertain is how Ryde will calibrate its crypto exposure over time, how it will adapt to any regulatory changes, and what this means for user payments and partner ecosystems if the strategy yields meaningful reserve-driven flexibility. Investors and industry watchers will be paying close attention to whether Ryde’s framework can deliver tangible treasury resilience without compromising financial stability.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Animoca Brands Invests in Ava Labs to Expand Avalanche in Asia, Middle East

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Animoca Brands Invests in Ava Labs to Expand Avalanche in Asia, Middle East

Animoca Brands has made a strategic investment in Ava Labs and entered a partnership to support projects building on the Avalanche blockchain, focusing on capital deployment, advisory support and expansion in Asia and the Middle East.

According to Thursday’s announcement by the Hong Kong-based Web3 company, the collaboration will target sectors including real-world assets, digital identity and entertainment, with Animoca providing business development support and access to regional networks to help Avalanche-based projects scale and reach institutional users.

Projects pursued under the partnership may also tap into the broader ecosystem of portfolio companies, Animoca said.

The effort is aimed at strengthening Avalanche’s position in markets where digital asset activity is growing, particularly by supporting deployments that require scalable infrastructure and compatibility with existing blockchain standards.

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Animoca will also work with Avalanche developers on product integrations and funding opportunities, with an initial focus on projects seeking to launch and expand in the Middle East and Asia.