Benchmark issues 'Buy' rating for Bitcoin accumulator DDC Enterprise

U.S. research firm Benchmark has issued a 'Buy' rating for DDC Enterprise, a U.S.-listed company strategically accumulating Bitcoin, setting a price target of $3. In a report, Benchmark stated that DDC has clear growth potential to more than double its Bitcoin holdings by the end of this year. The firm also noted that DDC's ready-to-eat and convenience food business is showing stable growth, contributing to its corporate value. Furthermore, Benchmark highlighted DDC's launch of an AI-based operating system for its Bitcoin strategy, observing that few companies have built dedicated infrastructure to manage their holdings. DDC has previously stated that it held 2,383 BTC as of April 21 and aims to hold 5,000 BTC by the end of the year.