The post American Bitcoin Hits 7,000 BTC as Trump Family Targets Bigger Crypto Gains appeared first on Coinpedia Fintech News Bitcoin (BTC) mining firm AmericanThe post American Bitcoin Hits 7,000 BTC as Trump Family Targets Bigger Crypto Gains appeared first on Coinpedia Fintech News Bitcoin (BTC) mining firm American

American Bitcoin Hits 7,000 BTC as Trump Family Targets Bigger Crypto Gains

2026/03/31 08:01
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Trump-Linked American Bitcoin

The post American Bitcoin Hits 7,000 BTC as Trump Family Targets Bigger Crypto Gains appeared first on Coinpedia Fintech News

Bitcoin (BTC) mining firm American Bitcoin now holds over 7,000 Bitcoin, worth over $467 million at press time (BTC price of $66,754). Following a prior accumulation of 416 BTC, the company is now the 16th-largest publicly traded Bitcoin Treasury in the world. The development also marks 186.53% growth in the company’s holdings, given that it went public with 2,443 BTC in September, 2025.

American Bitcoin employs a dual accumulation strategy – either mining or buying Bitcoin. With a total investment of around $360 million, the firm’s average cost basis for its reserve is $51,428, indicating an unrealized profit of $15,040 per Bitcoin.

American Bitcoin BTC accumulation

American Bitcoin is one of several publicly traded companies that have increased their Bitcoin holdings despite current market uncertainty and consolidation.

Strategy acquired over 23,000 Bitcoin this month before the recent pause of its 13-week streak of purchases. 21 Capital and Metaplanet are other accumulators whose reserves mostly come from purchases made in 2025. Others continue to pursue Bitcoin investments, including Empery Digital, which recently raised $1.3 billion toward this cause.

Differently, miners such as MARA Holdings, Bitdeer Technologies, and Cipher Digital sold their Bitcoin to fund the transition to AI and traditional investment instruments.

Meanwhile, Tesla has maintained a stash of 11,509 BTC for several quarters with no additional sales or purchases.

These differences in sales and purchases persist due to varying perceptions of near-term and long-term profitability.

Company performance metrics

Despite its latest milestone, American Bitcoin stock (Nasdaq: ABTC) failed to reflect the development, closing at $0.79 (an 8.14% drop from the previous day’s close) and nearly 88% less than its post-IPO price of $14.52.

ABTC stock performance

Source: MarketWatch. 

The company also recorded a loss of $153.2 million in 2025, a significant increase from the previous year’s $21.3 million loss, despite a 159% YoY increase in revenue.

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$67,504.02
$67,504.02$67,504.02
-0.18%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Claude Code has been found to have two caching bugs that could silently increase API costs by 10-20 times.

Claude Code has been found to have two caching bugs that could silently increase API costs by 10-20 times.

PANews reported on March 31 that, according to 1M AI News, a developer reverse-engineered a 228MB binary file of the standalone Claude Code installer using Ghidra
Share
PANews2026/03/31 11:37
US President Trump willing to end Iran war without reopening Strait of Hormuz – WSJ

US President Trump willing to end Iran war without reopening Strait of Hormuz – WSJ

The post US President Trump willing to end Iran war without reopening Strait of Hormuz – WSJ appeared on BitcoinEthereumNews.com. Citing administration officials
Share
BitcoinEthereumNews2026/03/31 11:02
Investors flock to IOTA miners in pursuit of stable returns

Investors flock to IOTA miners in pursuit of stable returns

The post Investors flock to IOTA miners in pursuit of stable returns appeared on BitcoinEthereumNews.com. After securing a preliminary victory in its protracted legal battle with the U.S. Securities and Exchange Commission (SEC), XRP (Ripple) has once again become a market focus. Within hours of the announcement, on-chain data revealed a discreet transfer of 15,000,000 XRP. While this amount is not significant compared to whale-level holdings, its timing and context have nonetheless drawn market attention: some analysts believe it may be related to liquidity reallocation, adjustments to cross-border payment channels, or early institutional investment. At the same time, market attention is gradually shifting from short-term price fluctuations to more sustainable profit models. Following the XRP legal victory, a large number of small and medium-sized investors have chosen the IOTA Miner cloud mining platform as an alternative to hedge against volatility and achieve stable returns. The platform’s core advantages include: Stable returns: Users receive a fixed daily mining reward regardless of market fluctuations; Low barriers to entry: No expensive hardware required; easy mobile participation; Risk hedging: Withdrawals are possible during price declines, effectively preventing significant losses; Environmentally friendly: The mining pool’s electricity is entirely sourced from renewable energy, making it efficient and sustainable. What is IOTAMiner? Founded in 2018 and headquartered in the UK, IOTAMiner is a reputable global cloud mining platform with seven years of experience, serving over 9 million users in over 100 countries. As the world’s first cloud mining platform integrating artificial intelligence with renewable energy, IOTAMiner maintains a strategic reserve of over 8,000 Bitcoins, operates in full compliance, and is committed to providing users with a 100% return on investment guarantee. IOTA Miner Registration Steps 1. Quick Registration Sign up in just a minute and receive a $15 newbie bonus to start earning immediately. 2. Link Your Wallet and Select Your Currency Link your wallet and select a major cryptocurrency (such as…
Share
BitcoinEthereumNews2025/09/18 02:02