American Bitcoin Corp. reported a fresh addition to its Bitcoin reserve after buying 416 BTC, bringing its total holdings to around 4,783 coins. According to company disclosures and market reports, American Bitcoin (NASDAQ: ABTC) acquired about 416 BTC in the week ending December 8, increasing its on-balance stash to roughly 4,783 BTC. The purchase came…
Tag: ABTC
Eric Trump Says Bitcoin Could Hit $500,000, Stands By ABTC Strategy
According to interviews with Eric Trump and ABTC Executive Chairman Asher Genoot, American Bitcoin (ABTC) has structured its business around one clear aim: add more Bitcoin to its balance sheet. The firm says it spends less on big management teams and more on mining and buying Bitcoin so each share holds more Bitcoin over time.…