Core Insights - American Bitcoin Corp (ABTC) continues to increase its Bitcoin holdings amid market volatility, demonstrating its long-term strategic commitment [1][2] - ABTC's total Bitcoin holdings have reached 5,098 coins, valued at approximately $450 million based on the current price of $87,600 per Bitcoin [1][2] - The company has entered the top 20 publicly traded Bitcoin treasury companies under the leadership of Eric Trump [3] Acquisition Strategy - ABTC acquires Bitcoin through two main methods: mining operations and targeted purchases, including custody Bitcoin and agreements with Bitmain for mining equipment [3] - This diversified acquisition strategy allows ABTC to maintain a stable Bitcoin reserve during market fluctuations and reduces risks associated with relying on a single channel [3] Financial Performance - Since its NASDAQ listing, ABTC has achieved a cumulative Bitcoin return of 96.5%, with a Bitcoin amount per share of 533 satoshis [4] - Despite a recent rebound in Bitcoin prices, ABTC's stock price has declined by 2.7%, continuing a downward trend with a total drop of nearly 60% since the unexpected unlocking of shares two weeks ago [4] - ZFX Securities views ABTC's strategy as a balanced approach between short-term stock price volatility and long-term digital asset accumulation, maintaining optimism about Bitcoin's future appreciation potential [4]