The post Trump-backed American Bitcoin tops 7,000 BTC, sats per share double appeared on BitcoinEthereumNews.com. American Bitcoin Corp (ABTC), a Nasdaq-listedThe post Trump-backed American Bitcoin tops 7,000 BTC, sats per share double appeared on BitcoinEthereumNews.com. American Bitcoin Corp (ABTC), a Nasdaq-listed

Trump-backed American Bitcoin tops 7,000 BTC, sats per share double

For feedback or concerns regarding this content, please contact us at [email protected]

American Bitcoin Corp (ABTC), a Nasdaq-listed mining firm co-founded by Eric Trump and backed by the Trump family, announced Monday that its Bitcoin reserve has reached 7,000 BTC, a position worth roughly $475 million at current market prices.

As noted by the firm, the figure represents about three-fold growth in its Bitcoin holdings since listing on Nasdaq, with its satoshis-per-share metric more than doubling over the same period.

The Miami-based company began accumulating Bitcoin in mid-2025, and its purchases have become increasingly steady in the latter part of the year. It is now the 16th-largest corporate holder of Bitcoin.

American Bitcoin runs two revenue lines, including industrial-scale Bitcoin mining and a corporate treasury strategy built on accumulating and holding mined coins instead of selling them for fiat currency.

Eric Trump has positioned the firm as a vehicle for long-term Bitcoin exposure.

American Bitcoin shares climbed before Monday’s open, though the stock remains down nearly 49% for the year, per Yahoo Finance.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Source: https://cryptobriefing.com/american-bitcoin-7-000-btc-growth-exceeds-expectations/

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$66,770.97
$66,770.97$66,770.97
-1.26%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Top 10 Voices in Crypto 2026: The People Shaping the Conversation That Matters

The Top 10 Voices in Crypto 2026: The People Shaping the Conversation That Matters

In a space crowded with noise, a handful of voices consistently cut through. These are the figures whose broadcasts, posts, and commentary actually move communities
Share
Techbullion2026/03/31 00:05
USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide

USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide

BitcoinWorld USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide TOKYO, March 2025 – Japanese authorities’ carefully calibrated
Share
bitcoinworld2026/03/30 23:25
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52