The post Eric Trump’s America Bitcoin Buys 416 BTC appeared first on Coinpedia Fintech News Eric Trump–backed American Bitcoin Corp has added 416 more Bitcoin worth about $38 million to its treasury, taking its total holdings to roughly 4,784 BTC. The Nasdaq-listed miner has been steadily growing its reserve through a mix of mining and strategic purchases, positioning itself among the larger public corporate Bitcoin holders and signaling strong long-term …The post Eric Trump’s America Bitcoin Buys 416 BTC appeared first on Coinpedia Fintech News Eric Trump–backed American Bitcoin Corp has added 416 more Bitcoin worth about $38 million to its treasury, taking its total holdings to roughly 4,784 BTC. The Nasdaq-listed miner has been steadily growing its reserve through a mix of mining and strategic purchases, positioning itself among the larger public corporate Bitcoin holders and signaling strong long-term …

Eric Trump’s America Bitcoin Buys 416 BTC

2025/12/10 21:26
Eric Trump’s America Bitcoin Buys 416 BTC

The post Eric Trump’s America Bitcoin Buys 416 BTC appeared first on Coinpedia Fintech News

Eric Trump–backed American Bitcoin Corp has added 416 more Bitcoin worth about $38 million to its treasury, taking its total holdings to roughly 4,784 BTC. The Nasdaq-listed miner has been steadily growing its reserve through a mix of mining and strategic purchases, positioning itself among the larger public corporate Bitcoin holders and signaling strong long-term conviction in the asset despite recent volatility in its share price.

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The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal."

The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal."

PANews reported on December 11th, citing CoinDesk, that President Trump's actions against the "debanking" of controversial industries such as digital assets have prompted the Office of the Comptroller of the Currency (OCC) to release a new report. The report further confirms past practices and warns that banks suspected of involvement could face penalties. This brief OCC report reviewed nine of the largest national banks in the United States, concluding that "between 2020 and 2023, these banks developed public and private policies that restricted certain industries from accessing banking services, including requiring escalating reviews and approvals before providing financial services." The report states that some large banks set higher barriers to entry for controversial or environmentally sensitive businesses, or activities that contradict the banks' own values. Financial giants such as JPMorgan Chase, Bank of America, and Citigroup are highlighted, with links to their past public policies, particularly those concerning environmental issues. The report states, "The OCC intends to pursue accountability for any illegal 'debanking' activities by these banks, including referring related cases to the Attorney General." However, it remains unclear which specific laws these activities may have violated.
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PANews2025/12/11 09:04