American Bitcoin reaches 6,500 BTC treasury as mining strategy expands
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4 Articles
The Trump family-backed company adds up to over 500 bitcoin (BTC) in just three weeks, expands its ASIC fleet to nearly 90,000 machines and records internal purchases from managers. American Bitcoin Corp (ABTC), Bitcoin’s publicly traded mining company with Trump family support, confirmed this week that its corporate treasury has exceeded 6,500 BTC, equivalent to approximately $470 million at current market prices. The milestone is not just nume…
American Bitcoin reaches 6,500 BTC treasury as mining strategy expands
American Bitcoin expands its treasury to 6,500 BTC after adding 500 coins in three weeks while boosting mining capacity and insider buys. The post American Bitcoin reaches 6,500 BTC treasury as mining strategy expands appeared first on Crypto Briefing.
American Bitcoin Adds BTC As Eric Trump Blasts Big Banks’ Crypto Lobbying
American Bitcoin, a bitcoin mining company backed by the Trump family, has expanded its corporate treasury to more than 6,500 bitcoin, placing the firm among the largest publicly traded holders of the digital asset as it continues to scale its mining operations. The company disclosed the updated holdings this week, with co-founder and chief strategy officer Eric Trump stating that the firm accumulated over 500 BTC during the past 21 days. At cur…
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