DDC Enterprise shares surge 20.36% after-hours after raising $32.8 million via convertible preferred shares to support Bitcoin treasury strategy.

DDC Enterprise surged 20.36% in after-hours trading following the announcement of a $32.8 million convertible preferred share offering to support its Bitcoin treasury strategy. The financing, aimed at preserving liquidity, aligns with the company’s focus on leveraging digital assets to strengthen its capital structure. The move signals confidence in its long-term growth plans and operational flexibility, contributing to the sharp post-market rally.