Trump-Backed American Bitcoin Now Owns 7,000 BTC

3 hours ago 3

CryptoProwl

Tue, March 31, 2026 astatine 8:11 AM CDT 1 min read

Trump-Backed American Bitcoin Now Owns 7,000 BTC

American Bitcoin (NASDAQ: $ABTC), the Donald Trump-backed company, present holds 7,000 Bitcoin (CRYPTO: $BTC) successful its cryptocurrency reserve.

The BTC reserve of American Bitcoin has grown threefold since its archetypal nationalist offering (IPO) successful September 2025.

The institution besides reported a much than doubling successful its Satoshis per share, a metric that reflects the magnitude of Bitcoin attributable to each outstanding share.

American Bitcoin present has much than 660 Satoshis per stock and is expanding its Bitcoin vulnerability for shareholders.

More From Cryptoprowl:

The reserve holdings marque American Bitcoin the 16th-largest publically traded BTC treasury institution globally, a leap of 14 positions successful the past six months.

Eric Trump, Donald Trump’s son, is co-founder and main strategy serviceman astatine American Bitcoin.

In a quality release, helium said: “The accumulation instrumentality is moving astatine afloat throttle, mining astatine a discount and disciplined buying. No institution is climbing the rankings faster. Up we go.”

Despite its beardown BTC accumulation, American Bitcoin’s banal has struggled.

Since its IPO past year, ABTC banal has declined 100% to commercialized astatine $0.79 U.S. per share.

Read Entire Article