US research firm Benchmark issues buy recommendation for DDC, a BTC strategy buying firm

U.S. research firm Benchmark has issued a 'Buy' rating and set a target price of $3 for DDC Enterprises (hereinafter DDC), a U.S.-listed company engaged in strategic Bitcoin accumulation, through its own report. In this regard, Benchmark explained, "DDC possesses solid growth potential to more than double its Bitcoin holdings by the end of this year. In particular, DDC's ready-to-eat and convenience food businesses are showing stable growth, contributing to the enhancement of corporate value. Furthermore, DDC has launched an 'AI-based operating system' for strategic Bitcoin accumulation, a feat rarely achieved by companies that have previously established dedicated infrastructure for managing their Bitcoin holdings." Meanwhile, DDC stated that it held 2,383 BTC as of April 21 and aims to hold 5,000 BTC by the end of this year.