Been watching ABTC (American Bitcoin on NASDAQ) and there's something weird happening here. The company just crossed 7,000 BTC in reserves—that's basically tripled since they went public last September. They're now ranked 16th globally for Bitcoin holdings, which is pretty wild considering where they started.

What's interesting is the disconnect though. While ABTC keeps stacking sats like crazy, their share price tanked to $84 cents yesterday and is down like 88% over six months. The satoshis per share jumped over 660, so your actual Bitcoin exposure is growing, but the stock itself is getting crushed. It's that weird situation where the underlying asset thesis looks solid but the market's not buying it right now.

Eric Trump mentioned they're running the accumulation machine full speed—mining at a discount and disciplined buying. If they keep this pace, ABTC could climb even higher in the rankings. The holdings are clearly there, just waiting for the market to catch up on the valuation side.