【Chain Wen】American Bitcoin Corp. (NASDAQ: ABTC) latest data is quite interesting——as of December 8th, they hold 4,783 Bitcoins, about 20% more than a month ago.
More notably, their “Earnings Per Share” indicator has risen to 507, up over 17% in a month. It seems they have been quite active during this period.
In the first week of December alone, they received 416 BTC, some mined themselves and some purchased directly. However, it’s worth noting that some of these coins are still in custody, and a batch has been collateralized with BITMAIN for mining equipment.
This strategy of listed companies continuously increasing their BTC holdings, combined with a dual approach of self-mining and procurement, provides a reference for mining companies to consider.
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MaticHoleFiller
· 12-10 12:16
Wow, 416 coins in a month? No one else is at this pace, feels like it's really about to take off.
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RugResistant
· 12-10 12:16
hold up, that 507 sats per share jump is sus... need to dig into whether those held coins are actually theirs or just locked up somewhere. the collateral angle with bitmain especially—common attack vector for inflating holdings on paper. DYOR but here's my analysis: red flags detected on that托管 status breakdown. seems like the real number might be lower than advertised ngl
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UnluckyMiner
· 12-10 12:15
Damn, taking down 416 coins in just a week—this speed is truly unbelievable.
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MetaMisfit
· 12-10 12:14
Did you collect all 416 units in just a week? This pace is a bit intense. It seems ABTC has really put all their chips on Bitcoin.
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LiquidatedTwice
· 12-10 11:59
416 coins a month? This pace is meant to wipe out the coins held by small retail investors in the market.
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SandwichVictim
· 12-10 11:54
416 coins in a month? That's pretty intense. Combining self-mining and procurement really is unmatched.
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OffchainWinner
· 12-10 11:46
416 tokens a month, this pace is indeed quite fast. The dual-track mode is really aggressive this time.
ABTC increases by 416 BTC in one month, with the number of Satoshi per share soaring by 17%
【Chain Wen】American Bitcoin Corp. (NASDAQ: ABTC) latest data is quite interesting——as of December 8th, they hold 4,783 Bitcoins, about 20% more than a month ago.
More notably, their “Earnings Per Share” indicator has risen to 507, up over 17% in a month. It seems they have been quite active during this period.
In the first week of December alone, they received 416 BTC, some mined themselves and some purchased directly. However, it’s worth noting that some of these coins are still in custody, and a batch has been collateralized with BITMAIN for mining equipment.
This strategy of listed companies continuously increasing their BTC holdings, combined with a dual approach of self-mining and procurement, provides a reference for mining companies to consider.