Eric Trump Celebrates American Bitcoin's Bitcoin Accumulation, Despite Stock Cratering 75% Since Debut
ByAinvest
Thursday, Jan 29, 2026 6:26 pm ET1min read
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Eric Trump's American Bitcoin Corp. has accumulated 5,843 BTC worth $520 million since its Wall Street debut last year. The company has surpassed other firms, including GameStop and Gemini Space Station, in Bitcoin holdings. However, the stock has cratered 75% since its debut, partly due to Bitcoin's decline and the expiration of ABTC's lock-up period. Analyst Darren Aftahi initiated coverage with a "Buy" rating and a $4 price target.
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