Hey Hodlers, the crypto craze is showing no signs of slowing down! On Tuesday, at least four publicly-traded US firms announced plans to bulk up their crypto investments by a whopping $844 million. That's a lot of cash going straight into Bitcoin and other crypto assets. Talk about chasing those digital gains!

The largest chunk of the action came from DDC Enterprise Ltd, a Hong Kong-based heat-and-eat meal seller. Who knew they were into crypto? The company secured a massive $528 million through three purchase agreements to expand its Bitcoin holdings. They’re aiming to have the “world’s most valuable Bitcoin treasury,” and with this cash, they’re well on their way. DDC’s first Bitcoin buy was back on May 23 when they scooped up 21 Bitcoin for $2.28 million, swapping nearly 255,000 shares in the process. Their big goal? To grab 5,000 Bitcoin over the next three years. And based on the current price, they’re well on track to hit that target.

Fold, BitMine, and Eyenovia Jump on the Crypto Train

Then we’ve got Fold Holdings Inc., the first publicly traded Bitcoin financial services firm. They raised a cool $250 million, and guess what? It’s all going toward buying more Bitcoin. If Fold gets the green light from the SEC, they could purchase 2,390 Bitcoin, which would definitely boost their current stash of 1,490. Honestly, at this point, it’s almost like Bitcoin is the new gold.

But wait, it doesn’t stop there. BitMine Immersion Technologies, a Bitcoin mining equipment rental firm (yes, that’s a thing), decided to put its recent stock offering to good use. They bought $16.3 million worth of Bitcoin, adding 154.16 Bitcoin to their holdings at an average price of $106,033. BitMine’s all in on accumulating Bitcoin through self-mining and capital raises. These guys are serious about stacking up on the digital gold.

And here’s a twist for you: biotech firm Eyenovia, listed on Nasdaq, jumped into the crypto game too. They raised $50 million in a private placement to build a reserve of Hyperliquid (HYPE) tokens, making them the "first U.S. publicly listed company" to create a long-term strategic treasury for this asset. They plan to buy over 1 million HYPE tokens, worth $40.1 million, and stake them on Anchorage Digital’s platform. Talk about biotech meets blockchain, right? Eyenovia even plans to rebrand as “Hyperion DeFi” under the ticker HYPD.

I guess crypto’s not just for tech companies anymore. It’s becoming a go-to asset for all kinds of industries. Whether it’s food, finance, or biotech, these firms are betting big on digital currencies. Will this trend continue? Well, with $844 million on the table, it’s safe to say they’re all in.

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