How Serie A Giant Killers Bologna Beat AC Milan To Win Coppa Italia

By: bitcoin ethereum news|2025/05/16 01:00:11
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Dan Ndoye celebrates winning the Coppa Italia (Photo by Emmanuele Ciancaglini/Ciancaphoto ... More Studio/Getty Images) With big clubs dominating across Europe’s top five leagues, Wednesday’s Coppa Italia Final saw one of the minnows taking home the silverware. Taking on Serie A giants AC Milan, it would be Bologna who bucked the trend and took the trophy away from the seven-time European champions. It was the perfect way to cap a remarkable season for Bologna, who also enjoyed their first ever foray into the UEFA Champions League during 2024/25. Those trips to venues like Anfield and Villa Park will never be forgotten, nor will welcoming the likes of Borussia Dortmund and AS Monaco to the Stadio Dall’Ara. But this game was about much more than memories, it was about sealing tangible success for the Rossoblu in the kind of upset that so rarely happens, especially in Italian football. Bologna cause rare Coppa Italia upset Over the past 25 years, Serie A’s big clubs have dominated the Coppa Italia, Juventus and Inter winning it six times each, with Lazio (5), Napoli (3) and AS Roma (2) all routinely lifting the trophy. The only three victories not belonging to those five giant clubs were triumphs for AC Milan, Parma and Fiorentina, another trio of teams that were part of the league’s elite when they claimed Coppa Italia glory. The same cannot be said of Bologna, a club who hadn’t won a major trophy since 1974. After sweeping aside Monza in their first Coppa Italia outing, their road to the final had not been easier, gritting out an impressive win over Atalanta in the quarterfinals before beating an Empoli side who had eliminated Juventus in the previous round . That two-legged semi-final triumph saw them secure a trip to Rome, with Milan having knocked out neighbours Inter to do the same. Bologna were heavy underdogs, particularly as their Coach – Vincenzo Italiano – had a woeful record in finals during his time with Fiorentina. Indeed, the 47-year-old had lost the UEFA Conference League Final in each of the last two seasons with La Viola, also losing the 2023 Coppa Italia Final against Inter before leaving Florence last summer. Dan Ndoye becomes Bologna hero But none of that seemed to matter when the game got underway on Wednesday evening. Right from kickoff, Bologna seemed to have the perfect gameplan to nullify Milan’s attacking threats while constantly causing their opponents problems. Mike Maignan was called into action early, diving at the feet of Riccardo Orsolini, before then pulling out an excellent save to push a glancing header from the fit-again Santiago Castro off the line. Lukasz Skorupski made some good saves at the other end, but the Milan goalkeeper was undoubtedly the busiest of the too, pulling off yet another good save to deny Emil Holm on a well-worked set piece. Immediately after that came a couple of incidents that frustrated Milan. Lewis Ferguson brought down Rafael Leao when it looked like he would break away, collecting a yellow card for his trouble. The Scotland midfielder then clashed with Christian Pulisic, but the referee gave the decision to Bologna and booked the Milan striker when it could instead have meant a second yellow for Ferguson. Jhon Lucumi made a crucial interception just after half time, but Bologna once again established control. A breakaway from Riccardo Orsolini was stopped by Theo Hernandez, only for the ball to fall to Dan Ndoye who drilled a powerful effort beyond Maignan and into the back of the net. Milan – desperate to salvage something from an abysmal season – looked to respond but, despite good chances for Luca Jovic, Joao Felix and Santiago Gimenez, the Rossoblu held firm much to the delight of the man who scored the only goal. “Today is incredible, seeing all our fans in this stadium,” a delighted Ndoye told Sports Mediaset . “It was a tough game, but we won for the city, for the fans, it’s incredible and we are so happy. We scored at the right time, then defended like a real team, we held tough.” That is undeniable, and so too is the fact that Dan Ndoye and his Bologna team-mates will forever be heroes to Bologna supporters. Source: https://www.forbes.com/sites/adamdigby/2025/05/15/how-serie-a-giant-killers-bologna-beat-ac-milan-to-win-coppa-italia/

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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


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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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