Trump-Backed American Bitcoin Corp. Stacks 4,004 BTC: A Major Crypto Move

American Bitcoin Corp. (Nasdaq: ABTC), a company focused on Bitcoin accumulation and infrastructure, recently announced a significant expansion of its Bitcoin reserves. As of November 5, 2025, the company's total holdings reached 4,004 BTC, marking an addition of 139 Bitcoin since October 24 of the same year. This growth underscores ABTC's commitment to its dual strategy of integrating scaled Bitcoin mining operations with disciplined at-market purchases, ensuring a rapid and cost-effective expansion of its digital asset portfolio.
A key transparency metric employed by American Bitcoin is its "Satoshis Per Share" (SPS), which illustrates the amount of Bitcoin backing each share of stock. The company reported a 3.35% increase in its SPS over a 12-day period, reaching 432 satoshis per share. This figure encompasses all Bitcoin held in custody, alongside coins pledged under a miner purchase agreement with industry giant Bitmain. ABTC has committed to providing regular SPS updates, reinforcing its dedication to transparency and aligning shareholder interests with Bitcoin's long-term growth trajectory.
Co-founded by Eric Trump and Donald Trump Jr., American Bitcoin Corp. is a Miami-based entity that articulates its mission as building "America's Bitcoin infrastructure backbone." The company positions itself as a patriotic Bitcoin accumulation vehicle, aligning its operations with what the Trump family describes as "American values of freedom, transparency, and independence." Its unique dual accumulation model is designed to secure a cost advantage by mining Bitcoin below market price, while simultaneously maintaining the agility to augment its reserves through strategic spot purchases.
American Bitcoin Corp. made its debut on the public markets in September 2025, emerging from a strategic merger between Gryphon Digital Mining, Inc. and the original American Bitcoin Corp., a Trump family-backed subsidiary of Hut 8 Corp. (Nasdaq | TSX: HUT). This all-stock merger, finalized earlier in the year, strategically combined Gryphon's advanced mining technology and operational expertise with American Bitcoin's substantial capital resources and a robust reserve-focused accumulation strategy. Under the terms of this transformative deal, Gryphon shareholders now hold approximately 2% of the new combined entity, while American Bitcoin stakeholders, including Hut 8, which contributed the majority of its mining ASICs, hold approximately 98%.
The partnership with Hut 8 further enhances American Bitcoin's operational efficiency by granting access to large-scale colocation infrastructure. This arrangement obviates the need for heavy capital expenditure on proprietary facilities, a structure meticulously designed to maximize efficiency, scale hash rate capabilities, and consistently grow the company's reserve base over time. Through these synergistic efforts, American Bitcoin Corp. aims to solidify its position as a leading player in the North American Bitcoin ecosystem.
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