American Bitcoin Corp, co-founded by Eric and Donald Trump Jr., is solidifying its position among institutional Bitcoin holders by significantly increasing its digital asset reserves and introducing a new transparency metric for investors. The company recently added 1,414 Bitcoin (BTC) to its treasury. This acquisition, valued at over $160 million, boosts its total holdings to 3,865 BTC, now worth nearly $450 million.
This substantial increase places American Bitcoin Corp among the top 25 public companies globally with significant Bitcoin reserves. This ranking is based on data compiled by BitcoinTreasuries. The firm now stands just behind Gemini Space Station and ahead of OranjeBTC in institutional holdings.
To enhance investor clarity, the company announced a new “Satoshis per Share” metric. This measure divides the total Satoshis held by the number of outstanding shares. It aims to transparently show how much Bitcoin backs each share of the company.
Eric Trump, a co-founder, underscored the importance of this new metric. He stated that a key measure of success for a Bitcoin accumulation platform is the amount of Bitcoin supporting each share. He also indicated on social media that the team is “just getting started.”
The newly acquired Bitcoin stems from both direct market purchases and the company’s integrated mining operations. CEO Asher Genoot highlighted that this hybrid model helps reduce the average cost per Bitcoin. This contrasts with competitors who rely solely on open-market acquisitions.
Some of the accumulated Bitcoin is committed as collateral for new equipment. These acquisitions are part of an agreement with Bitmain, a major manufacturer of cryptocurrency mining hardware.
American Bitcoin Corp, which is majority-owned by Hut 8 Mining, debuted on Nasdaq in September. Following the announcement of its increased reserves, the company’s stock, ABTC, rose by almost 12% on Monday. Shares reached $6.28.
Despite the recent gain, the stock remains below its initial debut price, which was close to $8 in early September. This strategic expansion by American Bitcoin Corp aligns with a growing corporate interest in digital assets. This trend has been further fueled by recent approvals of Bitcoin Exchange-Traded Funds (ETFs), positioning the company as a potential vehicle for investors seeking regulated exposure to cryptocurrency through public markets.