🔥 NOW: American Bitcoin surpasses Galaxy Digital in BTC holdings
The Trump-backed firm climbs the ranks among top public Bitcoin holders.
What is happening?$COS
• ABTC now holds 6,899 BTC
• Surpasses Galaxy Digital
• Ranks #16 among public Bitcoin companies $XRP
What this suggests:
• Growing trend of corporate BTC accumulation $C98
• Increasing competition among treasury-style firms
• Strengthening institutional presence in Bitcoin
Context:
• Public companies continue adopting BTC as reserve asset
• Rankings shifting as accumulation strategies evolve
📊 Market takeaway:
Bullish for BTC narrative. Rising corporate holdings reinforce long-term demand and support the store-of-value thesis.