Eric Trump Says 'Up We Go' After American Bitcoin Surpasses Galaxy Digital In Bitcoin Holdings — So Why Is The Stock Lagging?

4 months ago 19

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

American Bitcoin Corp. co-founder Eric Trump celebrated connected Wednesday aft the institution surpassed Galaxy Digital Inc. successful accumulating Bitcoin.

Trump took pridefulness successful the accomplishment connected X, adding, “No institution is climbing the ladder faster. Up, up, up we go!”

As of this writing, American Bitcoin holds 6,899 BTC, worthy $489 million, surpassing not lone Galaxy but besides different fashionable companies specified as GameStop Corp. and Gemini Space Station Inc..

Michael Saylor's Strategy Inc. tops the list, with implicit $53 cardinal worthy of Bitcoin connected its equilibrium sheet.

https://twitter.com/EricTrump/status/2034273217947500870?s=20

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American Bitcoin posted 159% year-over-year gross maturation successful 2025, according to its fourth-quarter net report. Trump emphasized during the net telephone that the firm’s halfway semipermanent strategy is to increase Bitcoin connected its equilibrium sheet.

American Bitcoin, a majority-owned subsidiary of Hut 8 Corp., began trading connected Nasdaq connected Sept. 3, 2025. However, the banal has tumbled 87% since launch, successful portion owed to Bitcoin’s decline and the expiration of ABTC's lock-up period, which allowed aboriginal investors to merchantability their shares and recognize profits.

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Year-to-date, American Bitcoin lags Galaxy significantly, arsenic shown below.

Stock

YTD Gains +/-

American Bitcoin

-39.41%

Galaxy Holdings               

-3.49%

Despite the unimpressive performance, Roth Capital and HC Wainwright & Co. initiated sum of the banal with a "Buy" standing and acceptable a terms people of $4,  representing a 288.39% upside.

Photo Courtesy: Maxim Elramsisy On Shutterstock.com

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