Eric Trump-backed American Bitcoin has added to its BTC reserve, bringing its total BTC holdings to 5,098 BTC and yield to 96.5% since its debut in September.

American Bitcoin Corp (ABTC) acquired another 54 bitcoin during Monday's sharp selloff, bringing its total stack to 5,098 coins worth just less than $450 million based on BTC's current price of $87,600.

Markets wrapped up the day with dealmaking, data, and volatility all in focus. Trump Media jumped after unveiling a surprise pivot into nuclear fusion, while softer-than-expected US inflation boosted hopes that rate cuts are edging closer.

The target is more than double the current stock price as ABTC is currently trading at $1.67, down 6% in a day. The $4 price target represents more than double the stock’s current level, implying about 140% upside if the analyst’s thesis plays out.

American Bitcoin Corp, backed by the Trump family, expands its bitcoin holdings to 5,044 BTC, ranking 21st on the Bitcoin 100 list.

American Bitcoin Corp. added 416 bitcoin to its reserve, bringing total holdings to 4,783 BTC, while ProCap Financial increased its stack to 5,000 BTC.

Bitcoin (BTC) held steady near $88,000 on Thursday after a volatile session that saw prices briefly surge toward $90,000, fueled by optimism that U.S. President Donald Trump’s incoming Federal Reserve Chair will push for steep rate cuts.

American Bitcoin expands its bitcoin acquisition by adding 363 BTC, bringing total holdings to 4,367 BTC in ongoing accumulation.

As President Trump approaches a decision on the next Federal Reserve chair, Bitcoin investors are on alert. Insights into how Trump's preferences for low interest rates and cryptocurrencies could influence the BTC USD price ahead of Christmas.

Meanwhile, GameStop’s Bitcoin bet has yet to pay off. As of Nov. 1, the end of its third quarter, the company’s Bitcoin holdings were valued at roughly $519.4 million, reflecting a $9.2 million loss on its digital asset portfolio during the period.