American Bitcoin Corp. Holds 5,427 BTC, Aiming to Surpass Competitors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Source: Benzinga
- Bitcoin Reserve Growth: American Bitcoin Corp. has rapidly become the 19th largest Bitcoin holder, accumulating 5,427 BTC valued at $509 million within just four months, indicating a strong market presence in the cryptocurrency sector.
- Ambitious Target: Co-founder Eric Trump announced plans to surpass Galaxy Digital and Next Technology Holding to become the 16th largest corporate Bitcoin holder, which could significantly enhance the company's competitive positioning.
- Market Performance Volatility: Despite a nearly 75% decline in stock price since its launch, analysts have initiated coverage with a 'Buy' rating and a price target of $4, reflecting confidence in the company's future potential.
- Bitcoin Market Dynamics: With Bitcoin currently priced at $93,715.33, up 0.81% in the last 24 hours, the active market engagement may positively influence the company's stock performance moving forward.
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.
