Trump-Backed American Bitcoin (ABTC) Pushes Treasury Past 8,000 BTC


American Bitcoin Corp (Nasdaq: ABTC) has moved its holdings to over 8,000 bitcoin, the company said. he said. The total is rising from 5,401 BTC at the end of 2025, a gain of close to 50% in six months.

The company, backed by Hut 8 Corp and supported by the Trump family, said its bitcoin holdings and its bitcoin share have nearly tripled since Nasdaq’s debut. Co-founder Eric Trump has positioned growth as fair and ambitious.

American Bitcoin he builds his stack through two methods: mining and buying resources. In the first quarter of 2026, the company mined 817 BTC and added 1,620 BTC to its reserves, an increase of almost 30 percent in three months. That momentum has continued into the summer.

The number of mines has increased to match the demands of the economy. In March, the company deployed 11,298 ASIC mines at its facility in Drumheller, Alberta, a move that increased capacity by nearly 12 percent and added 3.05 EH/s. The price of one bitcoin mine fell to around $36,200 in the first quarter, down 23 percent from $46,900 in the previous quarter.

The economic picture remains mixed. American Bitcoin report net loss of $ 81.8 million for the first quarter on a revenue of $ 62.1 million, which shows a significant decrease in the crypto market and high spending behind its growth.