US-listed company DDC Enterprise plans to increase its Bitcoin holdings to 5,000 coins, with brokerages giving it a 70% upside potential.

CoinFeed reported on April 27th that, according to The Block, DDC Enterprise (NASDAQ: DDC), a US-listed Asian food platform, has received its first coverage from Benchmark with a "Buy" rating and a $3 price target. Benchmark stated that DDC has a "clear path" to increase its Bitcoin holdings from the current 2,383 to 5,000 by the end of 2026. The report points out that DDC is increasing its BTC holdings through equity-related transactions while maintaining balance sheet flexibility. The company's revenue for fiscal year 2025 is $39.2 million, a 4.6% year-over-year increase, and it achieved its first full-year positive adjusted EBITDA. Benchmark estimates that DDC is currently trading at approximately 0.45 times its modified net asset value (mNAV), with a net asset value per share of approximately $3.61, significantly higher than the current share price of $1.65.