Trump-backed American Bitcoin hits 7,000 BTC as holdings expand rapidly
American Bitcoin (ABTC), the Donald Trump family-backed company, has hit 7,000 BTC in its bitcoin reserve, marking roughly a threefold increase in these assets since its Nasdaq debut in September 2025, according to the company.
The firm also reported a more than doubling of its satoshis per share, a metric that reflects the amount of bitcoin attributable to each outstanding share, reaching over 660 satoshis per share and increasing bitcoin exposure for shareholders.
The milestone places ABTC as the 16th-largest publicly traded Bitcoin treasury globally, a jump of 14 positions in under seven months.
Eric Trump, co-founder and chief strategy officer at American Bitcoin, said in a statement that said, “the accumulation machine is running at full throttle, mining at a discount and disciplined buying. No company is climbing the rankings faster. Up we go.”
Despite strong accumulation, shares have struggled, falling 2% on Monday to $0.84. It is down roughly 88% over the past six months.
You may also like
Archives
- March 2026
- February 2026
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- January 2024
- January 2023
- December 2022
- January 2022
- December 2021
- January 2021
Leave a Reply
You must be logged in to post a comment.