Trump’s American Bitcoin Is Following MicroStrategy, But Shareholders Feel the Pain
BeInCrypto
American Bitcoin (ABTC) is aggressively accumulating BTC reserves like MicroStrategy, yet its stock price has hit an all-time low.Summary
American Bitcoin (ABTC), co-founded by Eric Trump and Donald Trump Jr., has rapidly increased its Bitcoin reserves to over 7,500 BTC, positioning itself as a top global corporate holder. Despite this aggressive accumulation strategy mirroring that of Michael Saylor’s MicroStrategy, ABTC’s stock has underperformed, recently reaching an all-time low. Meanwhile, MicroStrategy continues its own massive expansion, recently purchasing 24,869 BTC as it moves toward its goal of holding 1 million BTC.
(Source：BeInCrypto)