Animoca Brands Partners with DayDayCook to Manage $100M Bitcoin Treasury

Key Points

1. Animoca Brands and DayDayCook (DDC) Enterprise have signed a non-binding MOU to manage up to $100 million worth of Bitcoin reserves.

2. DayDayCook previously announced plans to acquire 5,000 BTC over three years and currently holds 368 BTC, up 48.3% since mid-June 2025.

3. Institutional Bitcoin holdings surged in Q2 2025, with 268 institutions holding Bitcoin, including 147 public companies, adding 159,107 BTC worth over $18.7 billion.

4. Analysts warn of risks for Bitcoin treasury companies, including potential stock price dilution and legal challenges, as seen in a class action lawsuit against Michael Saylor’s firm.

5. The partnership reflects growing institutional interest in Bitcoin as a treasury asset, with Animoca co-founder Yat Siu joining DDC's Bitcoin council.