Eric Trump 'Incredibly Excited' About American Bitcoin's Prospects As Company's BTC Pile Rises To $441 Million - American Bitcoin (NASDAQ:ABTC)
American Bitcoin's holdings grew by 1,414 Bitcoin to 3,865 Bitcoin through mining and purchases, providing institutional Bitcoin exposure via Satoshis Per Share updates.
- On Oct. 27, 2025 American Bitcoin Corp. announced it acquired approximately 1,414 Bitcoin, raising its holdings to about 3,865 Bitcoin as of October 24, 2025.
- American Bitcoin Corp., a majority-owned subsidiary of Hut 8 Corp., combines scaled self-mining with disciplined accumulation; Executive Chairman Asher Genoot said it's "what sets American Bitcoin apart from most traditional Bitcoin treasury vehicles."
- Data show a 52 increase in Satoshis Per Share from September 1 to October 24, 2025, with SPS at 418 as of October 24, 2025.
- The company will publish periodic SPS updates on its website and social channels; Eric Trump said, 'We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share.'
- The press release included a cautionary note about forward-looking statements involving risks such as Bitcoin price volatility, operational constraints, and dependence on third parties, with SEC filings providing more details.
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Eric Trump 'Incredibly Excited' About American Bitcoin's Prospects As Company's BTC Pile Rises To $441 Million - American Bitcoin (NASDAQ:ABTC)
Eric Trump, co-founder and Chief Strategy Officer at American Bitcoin Corp. (NASDAQ:ABTC), voiced optimism about the company’s growth potential following the announcement of fresh Bitcoin (CRYPTO: BTC) acquisitions on Monday. ‘Getting Warmed Up’ Trump took to X, stating, “And we are just getting warmed up! Incredibly excited about ABTC and what we are building.” The enthusiasm comes after the Miami-based firm added 1,414 BTC to its balance sheet…
American Bitcoin Acquires 1,414 Bitcoin and Increases Strategic Reserve to 3,865 Bitcoin
MIAMI, Oct. 27, 2025 /PRNewswire/ -- American Bitcoin Corp. (Nasdaq: ABTC) ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, has acquired approximately 1,414 Bitcoin. As of October 24, 2025, the Company held…
American Bitcoin Acquires 1,414 Bitcoin and Increases Strategic Reserve to 3,865 Bitcoin (2025-10-27)
-American Bitcoin Corp., a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, has acquired approximately 1,414 Bitcoin. As of October 24, 2025, the Company held approximately 3,865 Bitcoin acquired through Bitcoin mining and strategic purchases, which includes Bitcoin held in custody or pledged for miner...
American Bitcoin Boosts Holdings To 3,865 BTC Amid Expansion – #CryptoUpdatesGNIT
American Bitcoin, the mining and treasury company co-founded by Eric Trump and Donald Trump Jr., added more than 1,400 Bitcoin to its holdings. According to a Monday announcement, American Bitcoin acquired 1,414 Bitcoin (BTC) for about $163 million. This brought the total holdings to 3,865 BTC, worth almost $445 million. Eric Trump, who serves as chief strategy officer, said the company is focused on increasing its Bitcoin-per-share ratio, a met…
Trump-Related Company Expands Strategic Reserve to 3,865 BTC News ETHNews
American Bitcoin Corp. (Nasdaq: ABTC) announced the acquisition of 1,414 additional Bitcoin, bringing its total reserve to 3,865 BTC as of October 24. The company, co-founded by Eric Trump, continues to position itself as a key player in building America’s Bitcoin infrastructure backbone through a blend of mining operations and strategic accumulation. The new milestone marks a significant expansion in American Bitcoin’s long-term treasury strate…
Trump-Backed American Bitcoin Boosts Holdings to Nearly 4,000 BTC
The company, which operates both as a miner and long-term accumulator, revealed that roughly 1,400 BTC were added since September as part of its ongoing accumulation strategy. Emerging from a spinoff of Hut 8 earlier this year, American Bitcoin has evolved from a traditional mining venture into what it calls a “Bitcoin accumulation platform.” Its reserves have grown more than sevenfold since launch, positioning the firm as the 26th-largest publi…
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