Eric Trump’s American Bitcoin now holds over 4,000 Bitcoin after acquiring 139 more
Summary
Nasdaq-listed American Bitcoin Corp., co-owned by the sons of President Trump, announced it has scaled its Bitcoin accumulation strategy, now holding 4,004 BTC as of November 5, following the acquisition of 139 more coins since October 24. These holdings result from a dual strategy integrating scaled Bitcoin mining operations with disciplined at-market purchases, and include Bitcoin held in custody or pledged for miner purchases. Consequently, the company's Satoshis Per Share metric rose by 3.4% over 12 days, reaching 432 as of November 5. Eric Trump stated they are continuing to expand holdings rapidly and cost-effectively.
(Source:Crypto Briefing)