American Bitcoin Company (ABTC) Co-Founder Eric Trump announced that the company currently holds 5,427 Bitcoins, valued at approximately $509 million, making it the 19th largest corporate Bitcoin holder globally. Trump stated that the company's goal is to surpass Galaxy Digital and Next Technology Holding to become the 16th largest Bitcoin holder. Although ABTC's stock price has fallen nearly 75% since its listing on Nasdaq in September, Ross Capital still maintains a "Buy" rating with a target price of $4.
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American Bitcoin Company (ABTC) Co-Founder Eric Trump announced that the company currently holds 5,427 Bitcoins, valued at approximately $509 million, making it the 19th largest corporate Bitcoin holder globally. Trump stated that the company's goal is to surpass Galaxy Digital and Next Technology Holding to become the 16th largest Bitcoin holder. Although ABTC's stock price has fallen nearly 75% since its listing on Nasdaq in September, Ross Capital still maintains a "Buy" rating with a target price of $4.