DDC Authorizes Up to $10 Million Share Repurchase from Operating Free Cash Flow; Bitcoin Accumulation Continues in Parallel
NEW YORK—(BUSINESS WIRE)—DDC Enterprise Limited (NYSE American: DDC) (“DDC” or the “Company”), a global Asian food platform and digital asset treasury company, today announced that its Board of Directors has authorized a share repurchase program of up to $10 million, or 20% of the Company’s outstanding Class A ordinary shares, whichever is lower, over a period of up to 18 months. The program is expected to be funded from the Company’s operating free cash flow, and will run in parallel with DDC’s ongoing Bitcoin (“BTC”) treasury accumulation.
Program Details
- Authorization size: Up to $10 million, or 20% of outstanding Class A ordinary shares, whichever is lower.
- Duration: Up to 18 months.
- Primary funding source: Operating free cash flow.
- Execution methods: Rule 10b5-1 trading plans, open-market purchases, or other lawful repurchase methods.
Bitcoin Accumulation Continues
Since the start of 2026, DDC has added to its Bitcoin treasury through a series of purchases that have lifted total holdings to 2,899 BTC, representing a 145% increase in BTC holdings. Over the same period, BTC per share has grown 53.3%.
The Company currently expects to keep accumulating Bitcoin while deploying operating cash flow to repurchase shares, with the balance between the two guided by market conditions, available capital, and per-share value considerations.
CEO Commentary
“Our operating business is profitable, and we believe the free cash flow it generates is best used to buy back shares that continue to trade below the per-share value of our Bitcoin treasury alone,” said Norma Chu, Founder, Chairwoman, and Chief Executive Officer of DDC Enterprise. “This authorization puts operating cash to work compounding value per share while our balance sheet continues to fund Bitcoin accumulation. Two engines, working in parallel. We keep stacking Bitcoin, and we add a direct return of capital. Both point to the same outcome: more value behind every DDC share.”
The authorization does not obligate the Company to repurchase any shares and may be modified, suspended, or terminated by the Board at any time. The timing and amount of any repurchases will depend on market conditions, legal requirements, and the Company’s capital position. Any repurchased shares will be held as treasury shares or cancelled, as determined by the Board.
About DDC Enterprise Limited
DDC Enterprise Limited (NYSE American: DDC) is a global Asian food platform and digital asset treasury company. The Company operates a portfolio of leading Asian food brands that generated $39.2 million in fiscal year 2025 revenue with first-time positive Adjusted EBITDA, and it holds one of the largest corporate Bitcoin treasuries among NYSE-listed consumer companies. DDC is led by Founder, Chairwoman, and Chief Executive Officer Norma Chu. For more information, visit www.ddc.xyz.
Caution Regarding Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. Examples of forward-looking statements include those related to business prospects, accumulation of Bitcoin, the share repurchase program, the Company and its management’s view of market conditions and outlook, and the Company’s goals, strategy and future activity. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 20-F, 6-K and other reports filed with the Securities and Exchange Commission (“SEC”) and available at www.sec.gov. It is also inherent in forward-looking statements for there to be risks, uncertainties and other factors beyond the Company’s ability to predict or control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.
Media & Investor Contacts
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Released July 1, 2026