American Bitcoin’s Buying Spree Accelerates: BTC Holdings Surge to 5,098

American Bitcoin just loaded up—again. The firm's treasury now holds 5,098 BTC, a number that screams institutional conviction in a market still shaking off retail jitters.

The Accumulation Game

This isn't casual shopping. It's a strategic ramp-up, a calculated bet on Bitcoin's long-term thesis playing out while traditional finance wrestles with inflation math. The move signals a deeper shift: serious players aren't just dipping toes; they're building positions.

Why the Big Bet?

Forget the daily noise. This scale of accumulation targets macro horizons—hedging against monetary debasement, claiming a stake in a new digital reserve asset. It's a direct challenge to legacy portfolios heavy on bonds and bloated balance sheets.

The Bigger Picture

Each added coin reinforces a simple narrative: digital scarcity trumps printed abundance. While Wall Street analysts debate P/E ratios, Bitcoin's ledger just logged another major vote of confidence from a player with real skin in the game. Sometimes, the smartest trade is ignoring the quarterly circus and building for the next decade.

Trump commends firm’s growth amid stock decline

American Bitcoin’s co-founder and CSO (Chief Strategy Officer) Eric TRUMP stated on November 15 that the company had experienced tremendous growth despite declining stock prices.

He claimed that the firm has surged past dozens of companies in just over three months since its initial public offering (IPO) on the Nasdaq. The company previously stated that it will continue to provide updates on its BTC holdings, SPS metrics, BTC yield, and other performance-related metrics on its website and social media platforms. 

However, ABTC previously closed at $1.78 before opening at $1.77 today and later dropping 7.3% to $1.65 as of publication. The stock has an intra-day high of $1.79, an intra-day low of $1.64, and a 24-hour trading volume of $12.58 million.

Meanwhile, Eric Trump has previously emphasized that crypto is the future and that the U.S. must lead the way, as American Bitcoin sets the standards. The company aspires to become a category leader in the Bitcoin ecosystem as it increases its role in building America’s Bitcoin infrastructure backbone.

The BTC treasury also seeks to build America’s Bitcoin infrastructure by vertically integrating historically segmented aspects of the BTC value chain. It plans to access strategic capital for growth by utilizing public markets and funding options to accelerate BTC accumulation beyond its mining output.

Aftahi grants buy rating to American Bitcoin

Roth Capital’s analyst, Darren Aftahi, reportedly believes American Bitcoin has an advantage over other crypto companies and has granted it a buy rating. Aftahi has remained bullish on the sinking crypto stock despite a drop of over 70% in share prices since the company’s debut on Nasdaq in November and increasing pressure to stop the decline. The company’s stock plunged 39% on December 2 when major shareholders rushed to offload their long-held shares after the lock-up period.

Meanwhile, the analyst finds American Bitcoin’s business model sound enough, and Roth Capital has set the stock price target to $4. The target is more than double its current price of $1.65. It also represents more than double the stock’s current level, which implies an upside of about 140% if Aftahi’s projections play out. 

The company has also announced its intention to create lasting value across all aspects of the Bitcoin ecosystem. However, a BOFA survey that polled 211 managers overseeing $504 billion in assets suggested that crypto allocations remain more symbolic than strategic. Nearly 97% of institutional fund managers have zero exposure to crypto in their portfolios.  

Roth Capital has previously offered investment banking services to Hut 8 and American Bitcoin, and it has also worked with other Trump-linked ventures in different capacities. On the other hand, Hut 8 provides American Bitcoin with access to data centers, power, and mining proficiency.

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