American Bitcoin Corp Pushes Bitcoin Portfolio to 5,044 BTC, Climbs Corporate Holdings Ladder

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American Bitcoin Corp, backed by prominent figures including Donald Trump Jr. and Eric Trump, has fortified its Bitcoin reserves with a fresh acquisition of 261 BTC. The move elevates the mining and accumulation firm’s total Bitcoin holdings to 5,044 BTC, significantly strengthening its position in the digital asset space.

At the current Bitcoin price of approximately $95.44K, the company’s growing portfolio translates to a valuation exceeding $480 million. This strategic accumulation underscores the firm’s continued commitment to building substantial on-chain reserves amid the volatile cryptocurrency market.

Climbing the Rankings

The latest acquisition has positioned American Bitcoin Corp at 21st place on the Bitcoin 100 list—a ranking of corporations with the largest BTC holdings. The company now trails Semler Scientific, which maintains 5,048 BTC in its treasury. With the acquisition, American Bitcoin Corp continues its trajectory toward breaking into the top 20 most significant corporate Bitcoin holders.

Market Performance and Headwinds

The news of expanded Bitcoin holdings triggered modest upward momentum in ABTC shares during Monday’s premarket session, according to market data. However, the stock has faced considerable pressure in recent trading periods, primarily due to the circulation of pre-merger private placement shares entering the public market. Over the past month alone, the stock price has declined roughly 64%, reflecting broader market sentiment and capital structure adjustments.

The acquisition reflects management’s conviction in Bitcoin’s long-term value proposition, even as near-term equity performance faces headwinds. For investors tracking corporate cryptocurrency adoption, American Bitcoin Corp’s consistent reserve-building strategy represents a notable data point in the ongoing institutional accumulation narrative.

BTC-0,22%
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