Benchmark starts corporate bitcoin treasury company DDC Enterprise at Buy

As previously reported, Benchmark analyst Mark Palmer initiated coverage of DDC Enterprise (DDC) with a Buy rating and $3 price target DDC has emerged as “a differentiated participant in the evolving landscape of corporate bitcoin (BTC-USD) treasury companies,” argues the analyst, citing the company’s rapidly scaling digital asset strategy along with a stabilizing and increasingly efficient Asian consumer food business. The firm expects the company’s share price to appreciate as it continues to execute on both sides of its business model, the analyst tells investors.