【ChainWen】On-chain analyst Emmett Gallic recently released an interesting data point — supporters are following the crypto mining company American Bitcoin(ABTC), which has seen notable BTC movements this week. Over the past seven days, their Bitcoin reserves increased by approximately 623 coins. How did this happen? Some came from mining revenues, about 80 coins; the larger portion was actively acquired from the open market, with a strategic purchase of 542 coins. As of now, ABTC’s total Bitcoin holdings have risen to 4,941 coins. Based on current market prices, this reserve is valued at roughly $450 million. This persistent accumulation has indeed attracted considerable market attention.
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TopEscapeArtist
· 12-16 00:52
542 active acquisitions, what does this imply? Should I also try to buy at the bottom? Last time I did this, I got stuck until now...
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orphaned_block
· 12-15 07:07
This move... ABTC is really going all in, with only 80 mining rewards, forcibly pouring 542 into the market. Are they treating Bitcoin as a lifelong financial product?
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MonkeySeeMonkeyDo
· 12-13 15:54
Wow, ABTC is so strong this week? 542 coins directly invested, are you betting on it going up later?
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BearMarketGardener
· 12-13 10:44
This move is quite aggressive, sweeping 542 spot assets in seven days. Are you betting that the bull market is coming?
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StakeHouseDirector
· 12-13 10:44
As expected of ABTC, the pace is really aggressive. Actively launching an attack by investing 542 coins, it seems like they are determined to compete fiercely over Bitcoin reserves.
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MetadataExplorer
· 12-13 10:39
Adding positions after just 623 units in a week, this pace is really stocking up. Looking forward to the future market, huh?
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ForkTongue
· 12-13 10:39
This move... is really betting that it will go up afterwards.
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PanicSeller
· 12-13 10:35
Wow, you're stockpiling coins again. The move with ABTC is pretty aggressive.
American Bitcoin increased holdings by 623 BTC in seven days, with total reserves approaching 5000 BTC
【ChainWen】On-chain analyst Emmett Gallic recently released an interesting data point — supporters are following the crypto mining company American Bitcoin(ABTC), which has seen notable BTC movements this week. Over the past seven days, their Bitcoin reserves increased by approximately 623 coins. How did this happen? Some came from mining revenues, about 80 coins; the larger portion was actively acquired from the open market, with a strategic purchase of 542 coins. As of now, ABTC’s total Bitcoin holdings have risen to 4,941 coins. Based on current market prices, this reserve is valued at roughly $450 million. This persistent accumulation has indeed attracted considerable market attention.