Key Highlights
- American Bitcoin Corp now holds 7,000 BTC, worth about $475 million, making it the 16th-largest corporate Bitcoin holder.
- The company mainly grows its Bitcoin holdings through mining and its treasury strategy, rather than buying from the market.
- The stock is down, trading at $0.84 with over a 50% loss year-to-date.
American Bitcoin Corp (ABTC), a Nasdaq-listed Bitcoin mining company co-founded by Eric Trump, announced today that it has increased its Bitcoin (BTC) holdings to 7,000 BTC.
The Miami-based company started building its Bitcoin holdings in mid-2025 and has continued to grow them through mining. At current market prices, the total value of its holdings is about $474–$475 million, even as its shares continue to trade below $1.
Growth in Bitcoin holdings so far
The new figure shows strong growth for the company. Its holdings are up about 35% since the start of 2026 and have roughly tripled since the company was listed on Nasdaq. American Bitcoin is now the 16th-largest company in the world in terms of largest corporate Bitcoin holdings, ahead of Galaxy Digital, as confirmed by data from Bitcoin Treasury.
The company also said that its “Satoshis per share” has increased to 660. Satoshis are the smallest unit of Bitcoin, where 100 million Satoshis make one full Bitcoin. This measure shows how much Bitcoin is linked to each company share, and it has more than doubled since the company launched on the stock market.
Mining and treasury strategy
American Bitcoin operates with two main sources of income. The first is industrial-scale Bitcoin mining, which uses specialized computers, called ASICs, to solve complex mathematical problems. This process validates Bitcoin transactions and creates new coins.
The second is its treasury strategy, where the company keeps the Bitcoin it mines instead of selling it. This allows the company to benefit if the price of Bitcoin rises over time.
Unlike some companies that buy Bitcoin directly from the market, American Bitcoin mainly grows its holdings by mining. It has increased the number of its mining machines in recent months, which have helped it produce more Bitcoin and possibly get it at a lower cost than buying from the open market.
ABTC down 50% since start of 2026
Despite this, the company’s stock still remains under pressure. The share price dropped below $1 last week and is now trading around $0.83, down about 50% since the beginning of 2026. In fact, the stock is 95% down from its all-time high, with its market cap sitting at $884 million.
The price tried to break key resistance during earlier trading hours today, pushing the price up to $0.90, but was rejected.
Despite its recent growth, American Bitcoin’s holdings remain relatively small compared to industry leader Strategy, which holds more than 762,000 BTC valued at over $51 billion.
However, the company’s steady accumulation and mining strategy have positioned it among the top 20 corporate Bitcoin holders, reflecting a focus on long-term growth rather than short-term trading.
Also Read: Not Spot Bitcoin: Strive Files ETF Backed by Crypto Treasury Stocks
