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Back in July, when the Treasury Company joy was in full swing, I found myself wandering around the back corners of that fervor and ended up reading about a Chinese recipe website that had somehow turned into a treasury company (#1052926).
Ha ha! Good laughs and all that. I thought it exemplified the frothiness of the landscape and I cocked my eyebrow at the whole thing.

It turns out they have 1000 bitcoin now

I was looking for more information about someone involved in the company when I came across this surprising interview with the company's CEO:
It's about half an hour long. She makes a pretty reasonable case for why the bitcoin treasury thing works for her company and I guess I'm impressed.
While the company started as a recipe website, it actually now owns a number of different food brands and has fairly large sales in China. Apparently they are going to explore using bitcoin rewards. Bitcoin is an ever surprising world.
102 sats \ 0 replies \ @DarthCoin 10h
Nice investigation, as usual. But do not get drunk with their water.... DDC is a front company, a scam.
ALL of these "treasuries" in the end are like this:
If a company really want to be in Bitcoin, is so fucking simple:
All the rest is total bullshit.
Like Motorhead said: don't believe a word...
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