DDC Enterprises Sees Revenue Jump, Bitcoin Holdings Surge
DDC Enterprises reported a significant revenue boost in the first half of 2026, with earnings reaching $20.2 million, representing a 29% increase year-over-year.
The Asian consumer food company's gross profit grew by 17.5% to $6.1 million during this period, and its food business generated positive adjusted EBITDA of $1.2 million.
However, the company reported a GAAP net loss of $38.4 million due primarily to non-cash bitcoin mark-to-market adjustments during a period of price weakness.
The company's total cash and short-term investments stood at $21.6 million as of June 30, 2026, with its bitcoin holdings increasing by 145% from the start of 2026, reaching 2,899 bitcoins.