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

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

News Desk
Last updated: March 20, 2026 4:29 pm
News Desk
Published: March 20, 2026
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American Bitcoin Corp., co-founded by Eric Trump, celebrated a significant milestone this week as it surpassed Galaxy Digital Inc. in its Bitcoin holdings. Trump took to social media platform X to announce this achievement, exclaiming, “No company is climbing the ladder faster. Up, up, up we go!” As of now, American Bitcoin boasts 6,899 BTC, valued at approximately $489 million, outpacing not only Galaxy Digital but also other notable firms like GameStop Corp. and Gemini Space Station Inc.

On the leaderboard of Bitcoin holdings, Michael Saylor’s Strategy Inc. remains at the top with an impressive Bitcoin reserve worth over $53 billion. Despite American Bitcoin’s recent success in accumulation, it has faced challenges in the market.

For the year 2025, American Bitcoin reported a staggering 159% revenue growth year-over-year, according to its fourth-quarter earnings report. During the earnings call, Trump reiterated the company’s long-term strategy: to amplify the amount of Bitcoin on its balance sheet.

American Bitcoin, a majority-owned subsidiary of Hut 8 Corp., began trading on Nasdaq on September 3, 2025. However, the stock has seen a significant decline of 87% since its launch, attributed to the downturn in Bitcoin’s value and the expiration of a lock-up period that allowed early investors to offload shares for profit.

Year-to-date performance indicates that American Bitcoin trails Galaxy Digital considerably. The respective stock performances show that American Bitcoin has decreased by about 39.41%, while Galaxy Digital has seen a less severe decline of 3.49%.

Despite these challenges, analysts at Roth Capital and HC Wainwright & Co. have initiated coverage of American Bitcoin with a favorable “Buy” rating, projecting a price target of $4 per share. This target indicates a remarkable potential upside of 288.39%.

Economic observers note that building a resilient investment portfolio requires a broad strategy, taking into account the cyclical nature of markets. Economic conditions often shift, influencing various sectors, and many investors are opting for diversification across asset classes to manage risk effectively.

In parallel news, several companies are exploring innovative investment opportunities. Companies like Paladin Power are focusing on energy independence with new technology solutions. At the same time, entertainment-focused firms like Elf Labs are tapping into character-based intellectual property to generate substantial revenue growth.

Investors are advised to remain informed and consider not just Bitcoin-based investments but also explore new avenues in sectors such as AI, real estate, and innovative energy solutions. Market conditions are evolving rapidly, and asset diversification is increasingly recognized as a key strategy for long-term wealth creation.

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