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The Coin Rise 2025-06-18 15:34:31

Four U.S. Firms Commit $844M to Crypto Investments, Target Bitcoin and HYPE

At least four publicly traded companies in the U.S. announced a combined $844 million in fresh capital commitments toward cryptocurrencies on Tuesday, signaling a growing appetite for digital assets across diverse sectors. The largest contribution came from DDC Enterprise Ltd, which secured $528 million to aggressively build its Bitcoin (BTC) treasury . DDC raised the amount through a mix of a $300 million convertible note, a $200 million credit facility, and a $26 million equity investment. Major investors included Anson Funds and the venture capital arm of Animoca Brands. The company declared plans to acquire 5,000 BTC over the next three years, furthering its goal of building the “world’s most valuable Bitcoin treasury.” DDC had earlier purchased 21 BTC on May 23, marking its first foray into crypto by trading $2.28 million worth of equity. Fold and BitMine Expand Bitcoin Holdings Fold Holdings Inc., a Bitcoin financial services firm, said it secured a $250 million equity purchase facility. Proceeds will be primarily used to acquire additional BTC. If executed in full, the funds could add up to 2,390 BTC to Fold’s treasury at current market prices. Even a partial allocation would significantly bolster the firm’s current holding of 1,490 BTC. The funding agreement allows Fold to issue new shares through a private placement, pending SEC registration approval. Separately, BitMine Immersion Technologies, a Bitcoin mining equipment rental company, announced it had purchased $16.3 million worth of BTC using proceeds from a recent stock offering. The firm now owns 154.16 BTC, with an average purchase price of $106,033. BitMine said the acquisition aligns with a broader strategic pivot toward accumulating Bitcoin through both mining and capital raises. Eyenovia Bets Big on HYPE Token In a move that extends beyond Bitcoin, biotech firm Eyenovia revealed a $50 million private placement to acquire and stake Hyperliquid’s native HYPE token . The company plans to accumulate over 1 million HYPE tokens — currently worth around $40.1 million — and will stake them via Anchorage Digital. The company, which specializes in digital eye examination technology, also announced a full rebrand to “Hyperion DeFi” with the ticker symbol HYPD. It appointed Hyunsu Jung as Chief Investment Officer to lead its DeFi strategy. Jung called Hyperliquid “one of the fastest growing, highest-revenue generating blockchains in the world.” The post Four U.S. Firms Commit $844M to Crypto Investments, Target Bitcoin and HYPE appeared first on TheCoinrise.com .

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