American Bitcoin Corp elevated its Bitcoin holdings by 261 BTC, taking complete reserves to 5,044 BTC. The newest buy comes as Bitcoin traded close to $89,700 at press time, valuing the corporate’s stash at greater than $450 million.
The Trump-backed mining and accumulation agency now ranks twenty first on the Bitcoin 100 record of company holders. It sits simply behind Semler Scientific, which holds 5,048 BTC, inserting American Bitcoin inside putting distance of the highest 20.
The agency confirmed its newest buy with a put up on X on Monday, citing that its Bitcoin holding has now surpassed BTC held by the likes of Gemini alternate, and Gamestop.
American Bitcoin is backed by Donald Trump Jr. and Eric Trump, who based the corporate in March 2025. The brothers maintain roughly 20% possession, whereas Hut 8 Corp controls the bulk stake. The corporate operates as a personal family-backed enterprise, not a US authorities funding.
Shares of American Bitcoin Corp ticked barely greater in premarket buying and selling on Monday, earlier than plunging 4% as Bitcoin’s worth dived as low as $85,600. Nevertheless, the inventory has confronted sustained strain in latest weeks. Over the previous month, shares have dropped about 64%.
The decline adopted the discharge of pre-merger non-public placement shares into the general public market. That overhang has weighed closely on worth efficiency regardless of the agency’s rising Bitcoin treasury.
American Bitcoin is one in all a number of crypto ventures linked to the Trump household in 2025. Others embrace the $TRUMP meme coin and World Liberty Monetary, a DeFi platform partly owned by President Trump. These associations have boosted market visibility and entry to capital, although they continue to be separate from state-backed initiatives.
With its newest accumulation, American Bitcoin continues to place itself as a long-term Bitcoin holder, strategically increasing in reserves throughout market dips.
Bitcoin’s largest company holder Strategy additionally returned to shopping for on Monday with 10,645 BTC at the price of $980M, its highest buy since July 29 when it introduced a $2.5 billion purchase. With its purchases totaling 21,268 BTC this month, the Michael Saylor-led agency exercise continues to reinforce institutional conviction in long-term Bitcoin accumulation.
Learn unique story American Bitcoin Lifts BTC Holdings to $500M as Bitcoin Slips Below $90,000 by Ibrahim Ajibade at Coinspeaker.com
