Bitcoin Price Prediction: Corporate Demand Rises Again – DDC’s BTC Stack Grows 48%
2025-07-08 13:54:34
Main Idea
Bitcoin's price stabilizes above $108,500 as institutional demand rises, driven by companies like DDC Enterprise and Strategy increasing their BTC holdings, with technical indicators suggesting potential further upside.
Key Points
1. DDC Enterprise added 230 BTC to its treasury, bringing its total to 368 BTC, as part of its long-term strategy to hold 5,000 BTC.
2. DDC raised $528 million to advance its Bitcoin treasury strategy, backed by Anson Funds, Animoca Brands, and Kenetic Capital.
3. Strategy plans a $4.2 billion stock offering to fund future Bitcoin purchases, currently holding 597,325 BTC (over 2.8% of Bitcoin’s total supply).
4. Bitcoin's technical outlook shows a bullish trend, with potential targets at $110,561 and $111,523 if it breaks above $109,727.
5. Bitcoin Hyper ($HYPER), a Bitcoin-native Layer 2 project, has raised over $2 million in its presale, aiming to merge Bitcoin’s security with Solana’s speed.
Description
Bitcoin held above $108,500 on Tuesday, with price stabilizing at $108,844 as institutional demand returned. This is primarily thanks to DDC Enterprise, which added 230 BTC to its treasury, 48.3% of its total, bringing the total to 368 BTC. The company bought the coins at an average price of $90,764 per coin. This is ahead of schedule for DDC’s six-month plan to buy 500 BTC. DDC’s CEO, Norma Chu, reiterated the company’s long-term vision: Bitcoin is part of its treasury model, and this purchase ...
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