Trump-Backed American Bitcoin Corp Surpasses 6,000 BTC, Ranks 18th Globally

American Bitcoin Corp (NASDAQ: ABTC), the Bitcoin mining and treasury platform co-founded by Eric Trump and Donald Trump Jr., has surpassed the 6,000 BTC milestone, reporting total holdings of approximately 6,028 BTC.

At recent prices near $70,000 per Bitcoin, the reserve is valued at roughly $403 million, positioning the firm among the larger publicly traded corporate Bitcoin holders worldwide.

Rapid Climb in Global Corporate Rankings

In less than six months since its Nasdaq debut in September 2025, American Bitcoin Corp has moved from the 30th-largest public Bitcoin holder to 18th globally, overtaking companies such as GameStop and DeFi Technologies.

The pace of accumulation reflects a capital deployment strategy that has been more aggressive than incremental treasury diversification, signaling deliberate positioning rather than passive exposure.

Hybrid Mining and Treasury Model

The company employs a dual accumulation strategy:

• Bitcoin mined through internal operations
• Direct open-market Bitcoin purchases

This hybrid approach allows ABTC to grow its reserves through both production and strategic buying, differentiating it from firms that rely exclusively on mining or treasury acquisition.

Such integration provides flexibility, particularly during periods of volatility, where mined BTC and balance sheet purchases can be calibrated to market conditions.

Valuation Sensitivity and mNAV Premium

With 6,028 BTC on its balance sheet, the firm’s valuation remains closely tied to Bitcoin price movements. At $70,000 per BTC, the implied reserve value stands near $403 million, but shifts in Bitcoin pricing directly impact that figure.

ABTC has recently traded at approximately 3.25x multiple of net asset value (mNAV), meaning investors are paying a premium relative to the Bitcoin held on the balance sheet. Stocks that function as high-beta Bitcoin proxies often command elevated multiples during strong market sentiment, though those premiums can compress if conditions reverse.

Strategic Positioning

Crossing the 6,000 BTC threshold establishes American Bitcoin Corp as a material participant within the public Bitcoin treasury ecosystem. The firm’s rapid climb in global rankings, combined with its hybrid operational model and Nasdaq visibility, underscores an assertive entry into the corporate Bitcoin accumulation landscape.

Future reserve growth will depend on mining output, capital deployment discipline, and broader Bitcoin market dynamics, but the 6,028 BTC milestone marks a significant benchmark in the company’s early public phase.

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