Trump family-backed mining firm American Bitcoin has recently expanded its Bitcoin (BTC) reserves with a new purchase of 416 BTC. As shared in a recent X post, this new purchase has lifted the company’s total holdings to 5,843 BTC.
This massive crypto stash places American Bitcoin among the largest corporate holders of the digital asset worldwide. This milestone shows that most public miners now see Bitcoin as a long-term store of value.
With its latest reserve increase, American Bitcoin is now the 18th-largest corporate holder of Bitcoin
American Bitcoin holds more Bitcoin than companies like Nakamoto Inc. and GameStop Corp. However, recent developments suggest that GameStop may no longer fit the Bitcoin treasury category. This comes after the company transferred all its Bitcoin holdings to Coinbase, a move that points to a possible sell-off.
Furthermore, since its Nasdaq debut on September 3, 2025, American Bitcoin has delivered a Bitcoin yield of roughly 116% through January 25, 2026.
This figure shows how much the company expanded its Bitcoin holdings over time through mining and purchases, without raising new capital. Investors often view this type of growth as a sign of strong capital discipline and efficient operations.
Despite the steady increase in Bitcoin holdings, the company’s stock ABTC has struggled since the Nasdaq listing. The shares have fallen by more than 71% over the past six months.
The drop in Bitcoin prices during this period has likely added pressure to the stock. Market volatility and macroeconomic uncertainties have also limited investor confidence.
Following the disclosure, ABTC rose by about 2% in premarket trading on Tuesday, reaching about $1.52. Even so, the stock remains down by more than 13% year to date.
This weakness reflects broader market pressure after Bitcoin fell to levels as low as $86,000. After the market opened, ABTC gave back its early gains and traded flat around $1.51.
American Bitcoin operates as a public company with strong ties to established industry players. Donald Trump Jr. and Eric Trump, an advisor at Metaplanet, together own about 20% of the business.
The company emerged as a standalone entity after merging with Gryphon Digital Mining and spinning out from Hut 8’s mining operations. Hut 8 still holds an approximately 80% stake, giving American Bitcoin both operational backing and scale.
Furthermore, American Bitcoin leadership continues to stress fast growth and long-term plans. The company has highlighted its goal to build strong Bitcoin infrastructure in the United States.
It also plans to move further up the list of major Bitcoin treasury firms. This ambition puts established players such as Galaxy Digital firmly in its sights.
The post American Bitcoin Expands Bitcoin Holdings to 5,843 BTC appeared first on BitcoinLinux.com.
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Author: coinmaker
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