American Bitcoin ($ABTC), the Nasdaq-listed Bitcoin mining and treasury firm co-founded by @EricTrump, has added another 500 $BTC to its reserves, pushing total holdings past 8,000 $BTC as of
American Bitcoin ($ABTC), the Nasdaq-listed Bitcoin mining and treasury firm co-founded by @EricTrump, has added another 500 $BTC to its reserves, pushing total holdings past 8,000 $BTC as of July 6, 2026. The company says that figure represents a rise of more than 300% since it began trading on the Nasdaq.
American Bitcoin launched in March 2025 as a majority-owned subsidiary of Hut 8, with Eric Trump and Donald Trump Jr. among the key backers. It reached the public markets through an all-stock merger with Gryphon Digital Mining, beginning trading at $6.90 per share.Eric Trump, who serves as co-founder and chief strategy officer, said the company launched with a clear mandate to accumulate Bitcoin at scale, reached Nasdaq six months later, and closed 2025 with 5,401 BTC on its balance sheet.
The accumulation has continued at pace in 2026. During the first quarter, American Bitcoin mined a record 817 BTC and acquired another 803 BTC for its treasury, ending March with 7,021 BTC on its balance sheet. The latest 500 BTC addition brings the running total to over 8,000 BTC.
ABTC's strategy combines mining output with strategic treasury purchases to build its stack.The company operates a multi-layer approach covering low-cost industrial Bitcoin mining, Bitcoin treasury accumulation, and Bitcoin ecosystem participation, with an installed mining capacity of 25 EH/s and an operational fleet of approximately 89,000 miners.
The treasury expansion comes alongside a period of financial and operational pressure. American Bitcoin said it would implement a 1-for-15 reverse stock split to maintain compliance with Nasdaq's minimum $1 bid requirement.The split follows an $81.8 million first-quarter loss, driven mostly by unrealized losses on its Bitcoin holdings. Despite that, management has continued to add to its $BTC position, signalling confidence in its long-term accumulation thesis.
ABTC has utilized financing through Bitmain, one of the world's largest mining hardware manufacturers, and has pledged Bitcoin as collateral for miner acquisitions.
SourcesAmerican Bitcoin Corp. Q4 and Full Year 2025 Results, SEC Form 8-KThe Block: American Bitcoin sets 1-for-15 reverse stock splitCrypto Briefing: American Bitcoin Corp increases Bitcoin holdings to 8,000 BTC
