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

Benzinga14:15

‘Climbing The Ladder Faster’Trump took pride in the achievement on X, adding, “No company is climbing the ladder faster. Up, up, up we go!”Michael Saylor's Strategy Inc. (NASDAQ:MSTR) tops the list, ...

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Up, up, up we go!”Michael Saylor's Strategy Inc. (NASDAQ:MSTR) tops the list, with over $53 billion worth of Bitcoin on its balance sheet.\n\n Long-Term Strategy To Increase BitcoinWhat’s The State Of ABTC Stock?Year-to-date, American Bitcoin lags Galaxy significantly, as shown below.StockYTD Gains +/-American Bitcoin-39.41%Galaxy Holdings               -3.49%Despite the unimpressive performance, Roth Capital and HC Wainwright & Co. initiated coverage of the stock with a \"Buy\" rating and set a price target of $4,  representing a 288.39% upside.Price Action: At the time of writing, BTC was exchanging hands at $70,798.97, down 4.66% over the last 24 hours, according to data from Benzinga Pro.American Bitcoin shares fell 0.01% in after-hours trading after closing 2.83% lower at $1.03 during Wednesday’s regular trading session.Benzinga’s Edge Stock Rankings highlighted a weaker price trend for the stock across short-, medium-, and long-term.Photo Courtesy: Maxim Elramsisy On Shutterstock.comMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. 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