Trump brothers’ American Bitcoin adds another $38 million of the cryptocurrency as total holdings rise to 4,783 BTC
The Block
American Bitcoin acquired 416 BTC worth $38.3 million, bringing its total holdings to 4,783 BTC.Summary
American Bitcoin (ABTC), a bitcoin mining and treasury firm backed by the Trump brothers, announced it acquired approximately 416 BTC, valued at $38.3 million, since its last update on December 2nd. This latest purchase increases its total holdings to about 4,783 BTC (worth $440 million as of December 8th), positioning it among the top 25 public bitcoin treasury companies. Co-founder Eric Trump highlighted the firm's rapid growth trajectory since listing on Nasdaq via a reverse merger with Gryphon Digital Mining in September. The company also noted that its "satoshis per share" metric increased by over 17% month-over-month.
(Source：The Block)