Trump-Backed American Bitcoin ($ABTC) Now Holds 5,843 BTC
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Trump-Backed American Bitcoin ($ABTC) Now Holds 5,843 BTC
"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 is approximately 20% owned by Donald Trump Jr. and Eric Trump"
"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."
American Bitcoin increased its bitcoin reserves to roughly 5,843 BTC and now ranks as the 18th-largest corporate bitcoin holder. The company recorded about a 116% bitcoin yield from its Nasdaq debut on Sept. 3, 2025 through Jan. 25, 2026, measuring growth in holdings including mined and purchased coins. Shares traded down about 0.5% premarket and remain roughly 12% below year-to-date levels. Approximately 20% ownership is held by Donald Trump Jr. and Eric Trump, while Hut 8 retains about 80%. Reserves rose by over 1,800 BTC since Q3 2025 amid expanded mining capacity, higher revenue, and a return to profitability.
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