Gate News message, April 27 — Nasdaq-listed DDC Enterprise (ticker: DDC), an Asian food e-commerce platform, received its first coverage from Benchmark with a 'Buy' rating and a $3 price target, implying approximately 70% upside from its current stock price of $1.65. The firm outlined a "clear pathway" for DDC to increase its Bitcoin holdings from the current 2,383 BTC to 5,000 BTC by the end of 2026 through equity-related transactions while maintaining balance sheet flexibility.
DDC reported 2025 fiscal year revenue of $39.2 million, up 4.6% year-over-year, and achieved its first full-year positive adjusted EBITDA. Benchmark calculated that DDC trades at only 0.45x modified net asset value (mNAV), with estimated net asset value per share of approximately $3.61, significantly above the current stock price of $1.65.
The company has also launched an AI-driven Bitcoin asset management system designed to assist with capital allocation and risk management decisions.