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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)

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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PR Newswire broke the news in United States on Monday, October 27, 2025.
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