American Bitcoin Corp. (Nasdaq: ABTC), a prominent mining platform backed by the Trump family, has significantly expanded its Bitcoin holdings, now possessing a total of 3,865 bitcoin. This substantial increase includes an additional 1,414 bitcoin acquired since September 2025, through a strategic combination of its ongoing mining production and careful purchases from the secondary market. The Miami-based firm proudly identifies itself as “America’s Bitcoin infrastructure backbone,” underscoring its pivotal role in strengthening digital asset infrastructure within the nation. The recently announced accumulation encompasses not only coins held directly in the company’s custody but also those strategically pledged for miner purchases as part of its existing procurement agreement with Bitmain.

This aggressive expansion trajectory for American Bitcoin commenced earlier in the year when Hut 8 orchestrated the spin-off of its U.S. mining division into a distinct, publicly traded entity. Following this carve-out, American Bitcoin initially held approximately 500 BTC. Subsequently, between July and August, the company made a substantial acquisition of an additional 1,726 BTC, valued at an estimated $205 million. These newly acquired holdings were then committed to Bitmain, serving as collateral for a significant $314 million order that included 16,299 Antminer U3S21EXPH units. This order represents nearly the entirety of the 15 exahashes per second (EH/s) option detailed within the strategic supply agreement between American Bitcoin and Bitmain. A cornerstone of American Bitcoin’s ambitious drive towards achieving a proprietary hashrate of 25 EH/s involves deploying the majority of these new high-performance machines at Hut 8’s advanced Vega site in Texas, a facility boasting an impressive 400-megawatt capacity.

Eric Trump, co-founder and chief strategy officer of American Bitcoin Corp., articulated the company’s fundamental success metric, stating, “We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share.” He further emphasized, “As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings.” Asher Genoot, the Executive Chairman, elaborated on the advantages of American Bitcoin’s integrated mining model, noting its efficiency in lowering the average cost per Bitcoin compared to traditional treasury-style vehicles that rely solely on open market purchases. This “structural advantage,” as Genoot explained, allows the company to “compound Bitcoin value per share more efficiently for our investors.”

Shares of ABTC (Nasdaq: ABTC) have experienced notable volatility since their debut in September. After recovering from midweek lows below $5, the stock saw an 11% increase on a recent Friday, closing at $5.62. At the time of writing, ABTC shares are trading at $5.83. With a valuation of approximately $5.1 billion, American Bitcoin Corp. remains a closely watched entity within the cryptocurrency sector, not only due to its aggressive expansion plans but also because of its prominent affiliations with the Trump family. Bitcoin itself has also navigated a couple of tumultuous weeks, currently trading at $115,000.

Further solidifying its market position, American Bitcoin Corp. completed a strategic merger earlier in the year with Gryphon Digital Mining, which was itself a Trump family-backed subsidiary of Hut 8. This all-stock transaction was designed to forge what both companies aspire to be the most efficient pure-play Bitcoin miner in the industry. The finalized merger resulted in Gryphon shareholders holding approximately 2% ownership in the newly combined entity, while American Bitcoin stakeholders retained a substantial 98%. This significant consolidation provided American Bitcoin with a more direct and accelerated pathway to public markets, seamlessly integrating Gryphon’s advanced mining technology with American Bitcoin’s robust capital strength and expansive reserve strategy, thereby enhancing its competitive edge.