Crypto30 March, 20261 min read
American Bitcoin Triples Treasury to 7,000 BTC, Becomes 16th Largest Holder
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ABTC's Bitcoin reserve reached 7,000 BTC, tripling since Nasdaq debut. Satoshis per share rose, roughly doubling since Nasdaq debut.
Rapid Treasury Growth
American Bitcoin announced its Bitcoin reserve has reached 7,000 BTC, roughly tripling since its Nasdaq debut. The milestone places ABTC as the 16th-largest publicly traded Bitcoin treasury globally. Eric Trump said the accumulation machine is running at full throttle.
Satoshis Per Share Surge
ABTC reported a more than doubling of its satoshis per share metric, now over 660. This reflects the amount of bitcoin attributable to each outstanding share. Shares have struggled, down roughly 88% over the past six months.
Mining and Treasury Strategy
American Bitcoin runs two revenue lines: mining and corporate treasury strategy. The company operates mining facilities in North America, including Vega, Texas. This approach enables steady growth of reserves while continuing mining operations.
Trump Family Crypto Ecosystem
American Bitcoin is part of a broader Trump family push into crypto. Reports indicate the Trump family’s crypto companies have generated more than $1 billion in pretax profits. This funds the Trump 2028 presidential campaign and other political uses.