Eric Trump's American Bitcoin Buys More BTC, Sets Ambitious Target for ABTC Growth
ByAinvest
Wednesday, Jan 7, 2026 7:22 am ET1min read
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Eric Trump, co-founder of American Bitcoin Corp., celebrated the company's growing Bitcoin reserve, reaching 5,427 BTC worth $509 million in just four months. Trump aims to surpass Galaxy Digital and Next Technology Holding to become the 16th-largest corporate holder of Bitcoin. The company's stock has tumbled nearly 75% since launch, but Roth Capital analyst Darren Aftahi initiated coverage with a "Buy" rating and a $4 price target.
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