American Bitcoin, Backed By Trump Family, Holds Over 6,000 Bitcoin
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American Bitcoin, Backed By Trump Family, Holds Over 6,000 Bitcoin
"Blockchain data tracked by Arkham Intelligence shows American Bitcoin now holds 6,060 BTC, valued near $413 million. The company added or mined roughly 217 BTC over the past month, expanding its reserve during a period as bitcoin tries to reclaim levels above $70,000. The accumulation reflects a strategy that blends mining output with direct market purchases, a model that has gained traction among firms seeking long-term exposure to bitcoin as a treasury asset."
"American Bitcoin's bitcoin stash is closing in on Galaxy Digital's holdings, according to data from BitcoinTreasuries.net. The site lists Galaxy Digital as holding 6,894 BTC. It's been a rough couple of months for the company's shares. ABTC shares traded around $1.14 after Friday's close up about 1.75%, though the stock remains lower on the year. ABTC shares have slid over the past two months. The stock traded above $2 in early January but has declined as bitcoin's price weakened into the new year."
American Bitcoin Corp. holds 6,060 BTC, valued near $413 million. The company added or mined roughly 217 BTC over the past month. The accumulation blends mined output with direct market purchases and emphasizes retaining bitcoin as a treasury asset rather than selling production. Reserves earlier measured near 5,843 BTC with a reported bitcoin yield of roughly 116% since the Nasdaq debut in September 2025 through late January 2026. Holdings are approaching Galaxy Digital's 6,894 BTC. ABTC shares have slid from above $2 in early January to around $1.14 after Friday's close, down roughly 45% year to date. Bitcoin rebounded above $70,000 on Saturday.
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