American Bitcoin Corp. Acquires 1,064 Bitcoins, Totaling 5,427 Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Source: Yahoo Finance
- Stock Surge: American Bitcoin Corp. jumped 13.48% on Monday to close at $2.02 per share, as its rapid rise to become a major Bitcoin holder in just four months captured investor interest.
- Increased Bitcoin Holdings: The company acquired 1,064 Bitcoins in December 2025, bringing its total to 5,427, showcasing its aggressive expansion and strategic positioning in the cryptocurrency market.
- Financial Turnaround: In Q3, American Bitcoin Corp. swung to a net profit of $3.47 million from a staggering $576 million net loss last year, with revenues soaring 453% to $64.22 million, indicating a successful business model transformation.
- Market Trend Impact: As Bitcoin prices surged to $94,634 during trading, attempting to retest the $95,000 level, the company's stock performance closely mirrored the strength of the Bitcoin market, reflecting its keen awareness of market dynamics.
Analyst Views on ABTC
Wall Street analysts forecast ABTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABTC is 4.00 USD with a low forecast of 4.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.570
Low
4.00
Averages
4.00
High
4.00
Current: 1.570
Low
4.00
Averages
4.00
High
4.00
About ABTC
American Bitcoin Corp., formerly Gryphon Digital Mining, Inc., is a Bitcoin accumulation company. The Company's operations include bitcoin mining sites, bitcoin mining pools, and protection of bitcoin assets. The Company operates Bitcoin Miners at four sites under Master Colocation Services Agreement (MCSA): Alpha (Niagara Falls, NY); Salt Creek (Orla, TX); Medicine Hat (Medicine Hat, AB), and Vega (Texas Panhandle). It receives Bitcoin mining rewards from its mining activity through third-party mining pool operators, Foundry and Luxor. Mining pools allow Bitcoin miners to combine their processing power, increasing their chances of solving a block and getting paid by the network. It provides computing power to mining pools, which use this computing power to operate nodes and validate blocks on the blockchain. It uses third-party custody solutions, including Coinbase Custody and Anchorage Digital Bank N.A., to safeguard its Bitcoin, mainly in cold storage wallets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
