DDC and Bitcoin: Two Outsiders Taking Center Stage

8/6/2025, 10:14:40 AM
Intermediate
Blockchain
Norma Chu, founder of DayDayCook (DDC), has incorporated Bitcoin into the company’s balance sheet by securing an initial strategic reserve of 100 BTC. This makes DDC the world’s first female-led company to establish a strategic BTC reserve. This article outlines DDC’s full trajectory—from content creation and entrepreneurship to public listing, and now to Bitcoin treasury strategy—while exploring Bitcoin’s transformation from an outsider to a mainstream asset class. Two unconventional narrative outliers use authentic conviction and a long-term perspective to challenge and influence the mainstream financial system.

The “mainstream” once had a stark, almost formulaic identity: founders with investment banking pedigrees clad in tailored suits and measured speech; projects endorsed by incubators, following standardized fundraising paths and predictable growth curves; and, ahead of any IPO, a capital structure meticulously mapped out, detailing every entry, exit, and market maker in a single spreadsheet.

There’s a distinct mainstream narrative—stable, repeatable, and trustworthy. Its operational logic is equally clear: the system selects the eligible, then determines their value and potential, all by systemic decree.

But in recent years, this system has begun to loosen. Niche cultures have steadily seeped in, blurring once-solid boundaries.

Graffiti now hangs in art galleries, punk graces fashion week runways, and hip-hop dominates the Grammys. Bitcoin, once labeled a “tool for crime,” now takes center stage in Federal Reserve research reports and appears in BlackRock’s asset allocations.

Niche culture is storming the mainstream, not by becoming more “official,” but by forcing mainstream recognition of its deep grassroots support and potent cultural influence.

In this transformation, old authorities have lost sway; standards are no longer the only yardstick. Once-marginalized phenomena now have their voice. Even capital markets have adjusted—orthodox backgrounds no longer guarantee reliability, and institutional backing doesn’t assure success.

Increasingly, it’s not the step-by-step projects that become hits, but rather a cohort of initially dismissed “atypicals”: GameStop, propelled by memes; AMC, with its narrative rewritten by retail communities; Pinduoduo and Temu, which carved loyalty through radical product strategies.

Niche breakthroughs aren’t stronger by force—they resonate more because they’re “human.” They emerge naturally from the bottom up, not engineered top down. They carry a raw beauty—visible, relatable, and trusted.

Bitcoin’s Ascent: The Outsider’s Resolve

Bitcoin has always been the outsider to the mainstream system.

By definition, the outsider speaks a different language, defies mainstream discipline, and moves to a different beat. Outsiders often struggle to be heard—their intentions get misunderstood, their approaches seem threatening, and their challenge to the established order is branded “dangerous” or “wild.”

That’s precisely Bitcoin’s path. It upends centralization technologically, sovereign money structurally, and authority culturally. Not a financial instrument crafted by elite hands, Bitcoin is a triumph of niche culture—the internet age’s most aggressive collective conviction.

During its first decade, Bitcoin circulated within geek communities, cryptography forums, survivalists, and anarchists, like a parallel world’s currency system—utterly ignored by the mainstream.

Its first true public emergence came in the 2017 bull run. The meteoric price gains garnered global attention and regulatory concerns alike—but that was more excitement than acceptance.

Only after the economic shock of 2020—when global liquidity flooded the system, trust in traditional finance eroded, US stocks surged, the dollar weakened, and banks faced withdrawals—did Bitcoin re-enter the mainstream spotlight, this time as more than just a speculative trade.

For the first time, Bitcoin was widely perceived as an inflation hedge—a way for ordinary people to safeguard assets. It shifted from geek circles to the mass market, evolving into a symbol of retail versus institutions and the centerpiece of anti-authority narratives.

Back then, Bitcoin was a banner—a statement, not a product.

Now, Bitcoin has entered a third era: “accepted” by the mainstream, yet still the perpetual outsider.

It’s integrated into ETFs, featured in allocation reports, and openly discussed by heads of state, central banks, and hedge funds. Yet Bitcoin has never changed its nature: there’s no regulatory master, no organizational spokesperson, no single controlling owner.

The mainstream has embraced its price, its liquidity, and its status as passive income—but not its ethos. Few ask what it stands for anymore. Bitcoin is accepted, but not absorbed—it has no need for belonging.

That’s why Bitcoin is the most successful case of niche culture breaking into capital markets—not because it was granted permission, but because it never sought approval on its way to the top.

DDC: A Niche Breakthrough in a New Direction

Norma Chu doesn’t fit the conventional entrepreneur archetype. She wears many “outsider” labels: female, Asian, content originator, non-technical.

In 2012, returning to Hong Kong from the US, Norma found no truly youth-oriented Chinese-language cooking platform online. Her first job was as an equity analyst at HSBC—she could have climbed the corporate finance ladder with ease. Instead, she chose the kitchen, writing recipes, shooting photos, and editing videos—not for internet traffic, but from a simple motive: “I love cooking.”

From the outset, DayDayCook (DDC) took a different route. Its business model wasn’t built by reverse-engineering brand positioning from the supply chain, nor did it chase capital’s preference for high-traffic projects. Instead, it has earned community trust, bit by bit, through content, engagement, and time.

She started simply—sharing her cooking for others to see, with no grand ambitions. But food content gradually sparked a brand prototype, and the e-commerce pivot helped DDC develop its own product system. Eventually, she expanded to North America, cemented a foothold in the US, and successfully took the company public.

Looking back, Norma recalls, “Starting a business in Hong Kong made fundraising and hiring tough. Entering the mainland meant an even steeper learning curve.” She never drew a complete blueprint from the start, but always held one bottom line: people first. Think users before channels, solid content before budget, and always make strategy serve the story—not the reverse.

This slower pace never thrilled investors. It wasn’t fast, wasn’t flashy, and had no obvious breakout moment. Yet Norma’s decade-long commitment proved a business built on content and companionship can become a lasting brand.

She says, “We didn’t even calculate GMV at the start; what mattered was that users stuck around because they liked us.”

It may sound emotional, but DDC owes its existence to this very authenticity. It’s not about spinning tales to lure users, but about creating relationships through content and ongoing interaction—building a content-consumption loop that inspires repeat engagement.

So when Norma made her first Bitcoin purchase in 2021, it felt perfectly natural. By then, she was a seasoned community builder serving Gen Z, creating content that resonated emotionally—the very root of early Bitcoin’s appeal.

That year, Hong Kong was becoming a transit hub for Bitcoin capital and talent. Norma’s social circle buzzed with talk of ETFs, Coinbase, and MicroStrategy. A longtime shareholder encouraged her to take Bitcoin treasury strategy seriously and shared MicroStrategy’s growth playbook. Norma dove into the research, read Michael Saylor’s book, and started to rethink DDC’s financial structure.

She says her shift wasn’t driven by hype, but by structural appeal: “Without my background in equity analysis or my 2021 personal investing experience, I probably wouldn’t have even heard out that advice.”

But she not only listened—she executed.

Earlier this year, Norma formally presented a transformation strategy to her board: add Bitcoin to DDC’s balance sheet and use company cash flow to steadily build a BTC reserve. By May, they’d completed their first 100 BTC purchase and quickly closed a funding round. DDC became the world’s first Bitcoin strategic reserve company driven by a female founder.

She didn’t frame this as a “female founder breakthrough.” When asked, she simply said: “Sure it’s cool, I’m the first. But what matters is whether this decision really benefits shareholders.”

That’s not just a nice line—it’s the judgment framework she’s forged over years. Her pivot wasn’t about chasing hype in Bitcoin reserves; it came from a decade spent understanding users, building trust, and maintaining a consistent narrative—the same foundation Bitcoin stands on.

Her understanding of Bitcoin didn’t start with the whitepaper, nor with hype, riches, or anonymity. It began with the problem of trust: Why would anyone believe in something invisible and intangible? It’s the very question she’s grappled with for a decade in content, branding, and community.

DDC’s users aren’t fleeting visitors—they’re the ones who pause to watch a cooking video. Norma isn’t chasing viral hits. She speaks in first person, closes the distance with companionship, and gradually builds DDC’s own trust relationship. “Many think we’re a content-driven e-commerce platform, but what we really nurture is emotional trust,” she says.

This keen sensitivity to “trust” became her entry point for understanding Bitcoin.

Even before DDC’s Bitcoin pivot, Norma was rethinking company marketing. Previously, ads and discounts brought traffic, but user retention was tougher than ever. She soon wondered if some of that budget should be used for Web3-based user incentives: “Web3 is a new approach that lets users share in value for their participation.”

Her users belong to Gen Z—watching one-minute cooking clips on TikTok and posting their own creations to Instagram. They care about brands, but even more about whether the people behind them are genuine. Their purchases are not always rational, often motivated by emotional resonance or shared values.

“We’re building a Bitcoin rewards system,” Norma says. “You can earn BTC for buying products or joining in on social media.”

But she clarifies that this isn’t just a member system in disguise—it’s a structural experiment, making Bitcoin part of the user experience over the long haul.

That’s how she sees Bitcoin—not just “digital gold,” but a proof of time and trust. What attracts Norma isn’t the price of Bitcoin, but its “staying power”—her favorite way to describe both BTC and DDC’s ideal future.

“Bitcoin’s survived countless attacks and doubts, and it’s still here.” She wants DDC to be the same kind of company—able to survive cycles, endure volatility, and keep getting stronger.

Embedding Bitcoin in the Company’s DNA

Bitcoin treasury strategy isn’t just about asset allocation. For DDC, it’s a root-level transformation in how the company thinks.

Norma knows the real test isn’t buying BTC—it’s buying consistently; not just raising cash, but turning financing into a positive feedback loop. She’s applied a decade’s worth of content-honed rhythm directly into DDC’s Bitcoin accumulation process.

“I tell the team, buying Bitcoin isn’t a one-off move—it’s an entire mechanism.” Rather than going all in, she set clear execution guidelines: staggered purchases through ATMs and other financing tools, identifying long-term strategic investors, and building crypto community connections.

Unlike MicroStrategy, DDC doesn’t have a huge cash reserve. Norma’s approach is more measured: slow accumulation using operating cash flow.

“At our core, we’re still a food company—we just choose to invest part of our profits in long-term value,” she explains.

This may sound conservative, but in crypto, it’s a rare—and disciplined—path.

Norma knows investors focus on three things when evaluating Bitcoin treasury companies: First, can the business generate sustainable cash flow? Second, can it hold through bear markets? Third, does management have narrative vision and execution?

She sees three “atypical” advantages for DDC:

First, the funding base is different. Norma’s worked in both Chinese and US capital markets, enabling continuous accumulation via OTC, convertibles, and private deals without reliance on public markets. “We’re also negotiating with some long-hodl family offices.”

Second, narrative development is different. She collaborates with Bitcoin OGs to form an “Influence Collective,” where every participant brings a new community and channel.

Third, the asset structure is different. DDC isn’t a cash-burning black hole or hype-driven shell. The food business still delivers 30–40% annual growth. In short, DDC is a BTC reserve company with real fundamentals—able to tell compelling stories in a bull market and rely on cash flow in a bear one.

This balance is the product of over a decade of fine-tuning.

Norma says, “If not for the patience built making content early on, or the resonance with Gen Z communities, or the organizational rhythm refined over time, DDC would never have truly understood Bitcoin—much less added it to the balance sheet.”

The Outsider Center Stage

Norma never called herself a “crypto person.” Yet the so-called “non-mainstream” elements of her identity align perfectly with Bitcoin’s spirit.

She’s unconcerned about Bitcoin narratives being led by the West or Asian capital missing the spotlight.

Her confidence comes from seeing real-world structural change: regulations easing, capital shifting, funding models rewritten, and Gen Z understanding value in fundamentally new ways. “Stablecoins educated the market—then crypto got real acceptance.” She notes that investors who couldn’t grasp BTC a month ago are now discussing premium structures and bitcoin-denominated portfolios.

Norma isn’t one to shout about decentralization revolutions, but she’s redefining global wealth by charting a reality-driven path—and in the process, redefining herself.

Over the last decade-plus, she’s evolved from content entrepreneur to public company CEO to the world’s first female founder to launch a Bitcoin treasury company. Once pushed to the margins, she’s become the new narrative’s starting point precisely because she is “non-mainstream.”

“To exist is to be different. Difference is advantage,” she says. She knows her methods and pace aren’t what most executives expect, but that deliberate “slow” pace is resilience in a world of hyperactive capital cycles. “I may not be smarter than others, but I’m relentless.”

This is what unites her and Bitcoin: both sprang from the margins, both were doubted, both persisted. One is a brand and community builder; the other, a symbol for the decentralized world. Neither began at the heart of finance, but today, they share the same balance sheet.

These two “outsiders” now command center stage, their moment in the spotlight.

Disclaimer:

  1. This article is republished from [BLOCKBEATS], with copyright belonging to the original author [Sleepy]. If you have concerns regarding this republishing, please contact the Gate Learn Team; we’ll address the matter promptly according to relevant procedures.
  2. Disclaimer: The views expressed in this article are the author’s own and do not constitute investment advice.
  3. All translated versions are by the Gate Learn Team and may not be reproduced, distributed, or copied without reference to Gate.

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