Eric Trump's ABTC Enters Elite Company as Bitcoin Holdings Surpass 7,500

American Bitcoin Corp (@ABTC), the Nasdaq-listed $BTC accumulation firm co-founded by Eric Trump, has crossed 7,500 Bitcoin in its strategic reserve, vaulting the company to 15th place among public Bitcoin treasury holders worldwide.

From Launch to the Global Leaderboard

American Bitcoin was launched on March 31, 2025, through a partnership between Miami-based miner Hut 8 and investors including Eric Trump and Donald Trump Jr.The company began trading on the Nasdaq Global Select Market on September 3, 2025, following its merger with Gryphon Digital Mining. The ascent since then has been rapid. In just over eight months as a public company, ABTC has become among the largest Bitcoin holders globally and scaled to more than 28 exahash of capacity.

The pace of accumulation is notable. Bitcoin holdings grew from approximately 5,401 at the end of December 2025 to roughly 7,021 at March 31, 2026, an increase of around 1,600 $BTC, or approximately 30%, in a single quarter. Holdings have continued to build beyond that figure, with the reserve now surpassing the 7,500 $BTC mark.

Mining Scale and Key Metrics

The company's accumulation strategy relies on a combination of self-mining and open-market purchases. In Q1 2026 alone, ABTC mined 817 $BTC at a 47% discount to spot and added more than 1,600 Bitcoin to its strategic reserve.The cost to mine fell to roughly $36,200 per $BTC in Q1 2026, a 23% improvement from approximately $46,900 in Q4 2025.

On the operational side, ABTC added nearly 11,300 new Bitcoin mining rigs at its Drumheller, Alberta site, bringing its total fleet to roughly 89,242 ASIC miners with 3.05 exahash per second of additional capacity at an efficiency of 13.5 joules per terahash.The company has signaled it will continue to double down on Bitcoin mining operations, even as several other miners pivot capital and infrastructure toward artificial intelligence and data centers.

A key internal metric, Satoshis per share (SPS), reflects how much $BTC is attributable to each outstanding share. SPS reached approximately 663 as of March 31, 2026, a roughly 20% increase in a single quarter. The figure has since climbed further, with the company now reporting over 700 Satoshis per share. The company has noted that its Satoshis-per-share metric has more than doubled since its Nasdaq debut.

Sources:
American Bitcoin Q1 2026 Results, SEC Filing
American Bitcoin Q1 2026 Press Release, PR Newswire
American Bitcoin Deploys 11,300 Miners, CoinDesk