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American Bitcoin Lifts Reserve to 4,783 BTC, Roth Issues Buy With $4 Target

SPS rose to 507 on the miner‑treasury model, signaling faster per‑share BTC growth.

Overview

  • The company added about 416 BTC in the week ended Dec. 8, taking holdings to roughly 4,783 coins sourced from self‑mining and market purchases.
  • Reported totals include Bitcoin held in custody and amounts pledged for miner purchases under an agreement with Bitmain.
  • Satoshis Per Share increased to 507, up more than 17% over just over a month, offering a clearer gauge of BTC attributable per share.
  • ABTC shares remain pressured after a Dec. 2 lock‑up expiry, when the stock fell roughly 50% as pre‑merger private placement shares became freely tradable.
  • Roth Capital initiated coverage with a Buy rating and a $4 price target, and its forecast projects holdings could reach about 26,000 BTC by late 2027.