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Stock impact report

Trump Brothers' American Bitcoin Boosts BTC Holdings to $415 Million–Stock Seesaws [Yahoo! Finance]

American Bitcoin Corp. - Class A (ABTC) 
Company Research Source: Yahoo! Finance
Donald Trump Jr., has brought its holdings to 4,004 BTC now worth about $415 million, the company announced on Friday. The firm said that between October 24 and November 5, ABTC had snapped up 139 Bitcoins now worth more than $14 million between October 24 and November 5. American Bitcoin is the 25th largest Bitcoin treasury, according to bitcointreasuries.net data. "We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases," American Bitcoin co-founder and Chief Strategy Officer Eric Trump said. American Bitcoin stock was trading nearly 2% higher Friday afternoon in New York. The firm, which went public in September, had dipped earlier in the day. Bitcoin was recently trading at about $103,369, up 3% over the past 24 hours, amid an upturn in wider crypto markets. But the digital asset is off about 18% since reaching an all-time high above $126,000 in ear Show less Read more
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