A major announcement has stirred the crypto world. American Bitcoin (ABTC), the Bitcoin mining and treasury company backed by Donald Trump Jr. and Eric Trump, revealed that it has added 1,414 Bitcoins worth about $163 million to its holdings.
With this addition, the company now owns 3,865 Bitcoins, valued at around $446 million based on Bitcoin’s current price above $115,200. The news immediately pushed American Bitcoin’s stock up by more than 11%, taking it above $6.20 after trading below $6 for the past two weeks.
American Bitcoin, based in Miami, Florida, continues to follow an aggressive Bitcoin treasury strategy. The company obtains Bitcoin through a mix of mining and strategic purchases, allowing it to grow its holdings faster than firms that only buy on the open market.
Building a Bitcoin Powerhouse
American Bitcoin was created through a series of mergers earlier this year. The Trump brothers’ business entity combined with Hut 8 Corp., a Canadian mining firm, and later merged with Gryphon Digital Mining, a company already listed on the stock exchange. These moves helped create a large, publicly traded Bitcoin company focused on both mining and treasury management.
The company’s executive chairman, Asher Genoot, said that producing Bitcoin directly gives ABTC a cost advantage over other treasury companies. Mining allows them to lower the average cost per Bitcoin, unlike firms that buy all their holdings from exchanges.
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ABTC also introduced a new metric called Satoshis Per Share (SPS) to measure how much Bitcoin each share represents. The figure is calculated by multiplying the total Bitcoin holdings by 100 million (the number of satoshis in one Bitcoin) and dividing that total by the number of outstanding shares. This gives shareholders a clear picture of the Bitcoin value tied to each share.
Despite Bitcoin trading below its all-time high of $126,000, American Bitcoin has continued expanding its holdings. The company has stayed firm in its strategy even as market analysts debate whether the corporate Bitcoin treasury model is sustainable during price dips.
Crypto Market Gains Fresh Momentum
Bitcoin itself has seen renewed strength after a brief slowdown. The cryptocurrency was trading above $115,500, its highest level in two weeks. The price rise came as easing U.S.–China trade tensions boosted investor confidence across global markets, including crypto assets.
ABTC’s strong performance mirrored the market’s broader rebound. Its shares had been under pressure during the recent crypto downturn but quickly rallied after the announcement. This reflects investors’ growing interest in companies that combine mining operations with Bitcoin reserves.
According to data from bitcointreasuries.net, more than 200 companies now hold Bitcoin as part of their corporate treasuries. This shows how widespread institutional adoption has become as businesses look to benefit from Bitcoin’s long-term value.
Corporate Bitcoin Boom
The corporate Bitcoin trend began gaining traction in 2020 when companies like Strategy, formerly MicroStrategy, started purchasing large amounts of Bitcoin as a core business strategy. Strategy now holds more than $73 billion worth of Bitcoin, proving how powerful the digital asset has become for corporate balance sheets.
American Bitcoin’s latest move aligns it with this group of major Bitcoin holders, solidifying its position among the largest corporate treasuries in the crypto space. Its blend of mining and treasury management has turned it into one of the few public companies capable of generating Bitcoin while also holding it as a reserve asset.
ABTC’s announcement also comes amid contrasting opinions in the market. A recent Myriad survey found that 74% of respondents agreed with trader Mando’s prediction that Bitcoin could rebound to $120,000, while crypto entrepreneur KBM believed it might drop to $100,000. Despite differing views, most investors remain optimistic about the near-term price direction.
The Trump-backed company’s commitment to expanding its Bitcoin reserves, even during market uncertainty, shows how confident its leadership remains in the digital asset. By focusing on both mining and strategic accumulation, American Bitcoin has positioned itself as a major force in the growing world of Bitcoin treasuries.
With its latest acquisition, American Bitcoin now joins a select group of public companies holding thousands of Bitcoins — a move that has not only energized investors but also reignited excitement across the broader crypto market.
