Eric Trump's American Bitcoin Buys More BTC, Sets Ambitious Target

Monday, Jan 5, 2026 11:12 pm ET1min read
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Eric Trump, co-founder of American Bitcoin Corp., celebrated the company's growing Bitcoin reserve, holding 5,427 BTC worth $509 million. He aims to surpass Galaxy Digital and Next Technology to become the 16th-largest corporate holder of Bitcoin. Despite a 75% stock decline since launch, Roth Capital analyst Darren Aftahi initiated coverage with a "Buy" rating and a $4 price target.

Eric Trump's American Bitcoin Buys More BTC, Sets Ambitious Target

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