American Bitcoin Corp (ABTC), a Nasdaq-listed mining firm co-founded by Eric Trump and backed by the Trump family, announced Monday that its Bitcoin reserve has reached 7,000 BTC, a position worth roughly $475 million at current market prices.
As noted by the firm, the figure represents about three-fold growth in its Bitcoin holdings since listing on Nasdaq, with its satoshis-per-share metric more than doubling over the same period.
The Miami-based company began accumulating Bitcoin in mid-2025, and its purchases have become increasingly steady in the latter part of the year. It is now the 16th-largest corporate holder of Bitcoin.
American Bitcoin runs two revenue lines, including industrial-scale Bitcoin mining and a corporate treasury strategy built on accumulating and holding mined coins instead of selling them for fiat currency.
Eric Trump has positioned the firm as a vehicle for long-term Bitcoin exposure.
American Bitcoin shares climbed before Monday’s open, though the stock remains down nearly 49% for the year, per Yahoo Finance.
Source: https://cryptobriefing.com/american-bitcoin-7-000-btc-growth-exceeds-expectations/
