Quick Takeaways
- American Bitcoin adds 1,414 BTC, worth $163 million, raising full holdings to 3,865 BTC.
- The company’s Bitcoin treasury nowadays goes past $445 million, co-founded by Eric and Donald Trump Jr.
- The move accompanies its Nasdaq debut and growing political scrutiny of Trump’s crypto involvement.
American Bitcoin Boosts Treasury Above $445 Million
American Bitcoin, a mining and treasury company co-founded by Eric Trump and Donald Trump Jr., has added 1,414 Bitcoin to its balance sheet. The purchase, worth approximately $163 million, brings its total holdings to 3,865 BTC, valued at around $445 million at current prices.
Eric Trump, who serves as chief strategy officer, said the company remains focused on increasing its Bitcoin-per-share ratio, which he called “a central metric of shareholder value.”
“We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share,” Trump stated in the release.
From Mining Roots to Nasdaq Listing
American Bitcoin was formed in March 2025 when Hut 8 Mining exchanged its hardware assets for a majority stake in the company.
The firm went public in September following a stock-for-stock merger with Gryphon Digital Mining, trading on Nasdaq under the ticker ABTC. The company’s first day saw volatile trading; its shares surged 85% intraday and closed up 16%, despite five temporary halts due to volatility.
The merger and listing marked American Bitcoin’s transformation from a private mining startup into one of the most-watched Bitcoin treasury firms in the U.S.
Political Ties Fuel Market and Media Attention
The Trump family’s growing involvement in crypto continues to attract political and regulatory scrutiny. The former president’s recent pardon of Binance founder Changpeng “CZ” Zhao has drawn sharp criticism from lawmakers.
Democratic Representative Maxine Waters labeled the pardon “an appalling but unsurprising reflection” of Trump’s presidency, alleging conflicts of interest and corruption.
Trump’s second term has coincided with what analysts describe as a “dramatic rise” in his personal wealth, much of it reportedly linked to digital asset ventures.
Eric Trump has previously claimed that the family’s crypto-related profits exceed $1 billion, underscoring their growing financial footprint in the blockchain sector.
American Bitcoin’s Strategic Vision
Despite controversies, American Bitcoin continues to expand aggressively, positioning itself as a Bitcoin-first corporate treasury.
The firm’s accumulation strategy aligns with that of other major players, such as Michael Saylor’s Strategy and BitMine, both of which have adopted long-term Bitcoin reserve policies. As market optimism builds around potential U.S. policy shifts favoring crypto, American Bitcoin’s aggressive accumulation signals renewed institutional confidence in Bitcoin’s long-term store-of-value potential.
