The post Trump-Backed American Bitcoin ($ABTC) Now Holds 5,843 BTC appeared on BitcoinEthereumNews.com. American Bitcoin, a miner backed by members of the TrumpThe post Trump-Backed American Bitcoin ($ABTC) Now Holds 5,843 BTC appeared on BitcoinEthereumNews.com. American Bitcoin, a miner backed by members of the Trump

Trump-Backed American Bitcoin ($ABTC) Now Holds 5,843 BTC

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American Bitcoin, a miner backed by members of the Trump family, has increased its bitcoin reserves to roughly 5,843 BTC, placing it among the world’s largest corporate holders of the cryptocurrency.

The company said it achieved a bitcoin yield of about 116% from its Nasdaq debut on Sept. 3, 2025, through Jan. 25, 2026. Bitcoin yield measures growth in a firm’s bitcoin holdings over time, including coins mined or purchased, without accounting for capital raises.

With the latest increase, American Bitcoin ranks as the 18th-largest corporate holder of bitcoin, surpassing companies such as Nakamoto Inc. and GameStop Corp., according to company data.

Shares of American Bitcoin were down about 0.50% in premarket trading Tuesday, according to Yahoo Finance, though the stock remains down roughly 12% year-to-date. 

American Bitcoin’s ties to the Trump family

American Bitcoin is approximately 20% owned by Donald Trump Jr. and Eric Trump and became a standalone public company last year after merging with Gryphon Digital Mining and spinning out from Hut 8’s mining operations. Hut 8 retains an estimated 80% ownership stake.

The company’s growing reserves follow a period of operational expansion after going public. In its third-quarter 2025 earnings report, American Bitcoin posted a return to profitability and reported higher revenue as it increased mining capacity and benefited from higher bitcoin prices earlier in the cycle. 

At that time, the company held just over 4,000 BTC, indicating reserves have increased by more than 1,800 coins in recent months.

According to Eric Trump, American Bitcoin has climbed rapidly up the rankings of corporate bitcoin holders, moving from 30th place to 18th in less than five months. 

The company recently surpassed firms including DeFi Technologies, Capital B, Bitcoin Group SE, and Next Technology Holding Inc.

American Bitcoin said its accumulation strategy reflects a broader trend among publicly listed miners that are increasingly treating bitcoin as a long-term balance-sheet asset rather than a source of near-term liquidity. 

That approach has gained traction even as investors rotate into assets such as precious metals and bonds amid market uncertainty.

Bitcoin is currently trading at $88,144, with 24-hour trading volume of about $40 billion and up roughly 1% over the past day.

The price is about 1% below its seven-day high of $88,763 and roughly 1% above its seven-day low of $87,180. Bitcoin’s circulating supply stands at 19,981,153 BTC, out of a maximum supply of 21 million, giving it a global market capitalization of about $1.76 trillion, up around 1% in the last 24 hours.

Source: https://bitcoinmagazine.com/news/trump-family-backed-american-bitcoin

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