Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC
Trump family-backed American Bitcoin increased its BTC reserves to 5,843, ranking it among the world's largest corporate holders.Summary
American Bitcoin, a mining company partially owned by Donald Trump Jr. and Eric Trump, has increased its Bitcoin holdings to approximately 5,843 BTC, positioning it as the 18th-largest corporate holder globally. The company achieved a significant bitcoin yield of about 116% since its Nasdaq debut in September 2025. American Bitcoin became public last year after merging with Gryphon Digital Mining and spinning out from Hut 8's operations, with Hut 8 retaining an 80% stake. The growth in reserves follows operational expansion, increased mining capacity, and a return to profitability in Q3 2025, showing an increase of over 1,800 BTC since the company held just over 4,000 BTC previously. This accumulation strategy aligns with a trend among listed miners treating Bitcoin as a long-term balance-sheet asset.
(Source：Bitcoin Magazine)