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    Home»Bitcoin»ABTC Stock Rises 12% as Trump-Backed American Bitcoin Holdings Increase To 6,500 BTC
    Bitcoin

    ABTC Stock Rises 12% as Trump-Backed American Bitcoin Holdings Increase To 6,500 BTC

    March 4, 20263 Mins Read


    ABTC stock surged over 12% today after American Bitcoin disclosed it accumulated 6,500 BTC within six months of going public. The rally comes as Bitcoin surged above $73,000, lifting crypto-linked equities, including Strategy’s MSTR. The company confirmed fast accumulation as the broader crypto market advanced alongside Bitcoin’s price strength.

    ABTC Stock Reacts as Holdings Reach 6,500 BTC

    At the time of writing, ABTC stock was trading at $1.17 as per Yahoo Finance data, up by 13.11% or $0.14 for the day. The previous close was at $1.03, while the day’s range moved between $1.08 and $1.17. The market cap reached $1.07 billion, with average volume at 12.33 million shares.

    Source: Yahoo Finance

    American Bitcoin stated it surpassed 6,500 BTC in just over six months since listing. Eric Trump, who co-founded the firm, added that it accumulated more than 500 BTC in the past 21 days. 

    The ABTC stock often surges on positive news. Last week the stock surged 10% after the Bitcoin miner announced that it recorded Q4 revenue of $78.3 million, up from $64.2 million in the third quarter of last year.

    As per Eric, American Bitcoin now ranks as the 17th largest public Bitcoin company globally. However, accumulation did not stand alone. The company also disclosed fleet expansion plans tied to its mining operations.

    Mining Fleet Expansion Targets Higher Capacity

    American Bitcoin reported it added 11,298 ASIC miners to its fleet. The addition represents about 3.05 EH/s at roughly 13.5 J/TH. Upon anticipated deployment in March 2026, total owned capacity should reach about 89,242 miners.

    The company expects that fleet to represent nearly 28.1 EH/s of owned capacity at an average efficiency of 16.0 J/TH. Notably, American Bitcoin said it mined Bitcoin at a 53% discount relative to spot prices in the fourth quarter of 2025. It stated that the expansion supports continued Bitcoin accumulation through mining operations. 

    Strategy Expands Bitcoin Purchases Through STRC

    While ABTC stock advanced, Strategy also recorded sharp moves. According to data from STRC.live, Strategy sold more of its perpetual preferred equity, Stretch (STRC), on Tuesday. 

    The proceeds funded the purchase of about 1,000 Bitcoin in the largest single-day increase since July 2025. This week, as CoinGape reported, Michael Saylor’s strategy added 3,015 BTC. Strategy is the largest publicly traded holder of Bitcoin. 

    Adam Livingston commented that STRC inflows could enable purchases of around 1,000 Bitcoin per day. He added that higher STRC volume could significantly increase weekly acquisitions. Meanwhile, MSTR stock traded at $147.91 at press time, up by 11.45%, or $15.23. 

    Source: Yahoo Finance

    The stock recovered from the prior session’s drop to $134.09, when it fell 2.59%. Its previous close stood at $132.68, with a day range between $142.19 and $149.54. Its market cap is at $47.12 billion, and average trading volume measured 23.34 million shares.



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