Earnings ·
Reports Q2 net loss of US$38.4 million driven by RMB232.5 million unrealized Bitcoin losses
DDCDDC Enterprise Ltd
DDC Enterprise reported a net loss of RMB260.6 million (US$38.4 million) for the six months ended June 30, 2026, compared to a net income of RMB37.1 million in the prior year period. The loss was primarily driven by non-cash mark-to-market unrealized fair value losses on its Bitcoin treasury holdings totaling RMB232.5 million (US$34.3 million). Total revenue increased 29% to RMB136.7 million (US$20.2 million), fueled by broader retail penetration and expanded distribution reach for its culinary brand portfolio in China. The company held approximately 2,899 bitcoins as of the report date, up from 1,181 at year-end 2025. DDC Enterprise operates as a global Asian food platform and digital asset treasury company.