Viewpoint: Bitcoin May See a Gold-Driven Rally, but the Time Window Is Shrinking

By: theblockbeats.news|2025/10/23 11:15:50
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BlockBeats News, October 23rd, David Grider, Partner at Finality Capital Partners and former Head of Research at Grayscale, posted on social media that as of 2025, gold has outperformed Bitcoin significantly. Similar situations have only occurred twice in the past eight years—2018 and 2022—both of which were bearish cycles in the crypto market.

The market generally expects Bitcoin to follow the parabolic rise of gold and reach the $170,000 mark by the end of the year. We agree with CrossBorder Capital's view that gold has a significant impact on Bitcoin's price. After all, both are deeply influenced by global liquidity, but risk appetite and geopolitical factors also play a crucial role.

From a data modeling perspective, CrossBorder Capital's analysis indicates that gold and Bitcoin show a short-term negative correlation, but maintain a long-term positive correlation—typically taking 8-9 weeks for gold price increases to transmit to Bitcoin.

Overall, we believe that Bitcoin's catch-up trade offers a better risk-return ratio in most periods. However, if a catch-up rally primarily driven by liquidity/money devaluation is to occur, it must be initiated soon. Otherwise, the current correlation between gold and Bitcoin may break due to geopolitical and risk appetite factors. As seen at the beginning of 2022, during the bear market initiation when gold rose and Bitcoin fell amid the Russia-Ukraine conflict.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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