Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, September 8
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»American Bitcoin, Backed By Trump Family, Holds Over 6,000 Bitcoin
    Bitcoin

    American Bitcoin, Backed By Trump Family, Holds Over 6,000 Bitcoin

    February 16, 20262 Mins Read


    Trump family-backed American Bitcoin Corp. (ABTC) has pushed its Bitcoin reserves above the 6,000 BTC mark, building one of the largest corporate treasuries in the public market and placing the firm among the top 20 listed Bitcoin holders worldwide.

    Blockchain data tracked by Arkham Intelligence shows American Bitcoin now holds 6,060 BTC, valued near $413 million. The company added or mined roughly 217 BTC over the past month, expanding its reserve during a period as bitcoin tries to reclaim levels above $70,000.

    The accumulation reflects a strategy that blends mining output with direct market purchases, a model that has gained traction among firms seeking long-term exposure to bitcoin as a treasury asset. 

    American Bitcoin’s bitcoin stash is closing in on Galaxy Digital’s holdings, according to data from BitcoinTreasuries.net. The site lists Galaxy Digital as holding 6,894 BTC.

    It’s been a rough couple of months for the company’s shares. ABTC shares traded around $1.14 after Friday’s close up about 1.75%, though the stock remains lower on the year. 

    ABTC shares have slid over the past two months. The stock traded above $2 in early January but has declined as bitcoin’s price weakened into the new year. Shares are now down roughly 45% year to date.

    The firm has framed its approach as a “mining to treasury” pipeline rather than a pure mining business, aiming to outperform traditional operators by retaining bitcoin rather than selling production into the market.

    American Bitcoin’s bitcoin yield

    Earlier this year, American Bitcoin reported reserves near 5,843 BTC and cited a bitcoin yield of roughly 116% since its Nasdaq debut in September 2025 through late January 2026. Bitcoin yield tracks growth in holdings from mined or purchased coins, separate from capital raising activity.

    With reserves now above 6,000 BTC, American Bitcoin joins a growing cohort of public companies treating bitcoin as a core treasury asset. 

    On Saturday, Bitcoin rebounded above $70,000 following a sharp February increase, aided by cooler-than-expected U.S. inflation data that boosted risk appetite. 

    Softer inflation strengthened expectations of earlier Federal Reserve rate cuts, lifting crypto markets and pushing Bitcoin’s market cap back above $1.4 trillion.

    Last year, American Bitcoin Corp. (ABTC) debuted on Nasdaq in September following a spin-off from Hut 8 Corp. Eric Trump and Donald Trump Jr. helped launch the company as Eric serves as co-founder and chief strategy officer. Donald Trump Jr. is listed as an investor.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin Price News: Whale Activity Favors Near-Term Floor at $60K
    Next Article Which Latin American Stocks are in Jefferies’ Watchlist By Investing.com

    Related Posts

    Bitcoin

    Two Factors Could Break Bitcoin (BTC) out of Range Trading As Chances of Fed Rate Hike Next Week Hover Around 60%: CoinShares

    September 7, 2026
    Bitcoin

    Hackers Drain $320 Million From Bitcoin’s Liquid Network, Keep $47 Million for Themselves in ‘White Hat’ Operation

    September 7, 2026
    Bitcoin

    Boyaa Interactive buys additional 115 Bitcoin, increasing total holdings to 4,316 BTC

    September 7, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Utilities

    Acea et Metito Utilities signent un protocole d’accord pour le développement d’infrastructures hydrauliques en Afrique et au Moyen-Orient -Le 24 février 2025 à 14:02

    February 24, 2025
    Property

    Boost for the High Street as vacant commercial property grant re-opens

    May 13, 2025
    Utilities

    Canadian Utilities Limited annonce le dividende trimestriel, payable le 1er juin 2025

    April 14, 2025
    What's Hot

    IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund

    October 6, 2025

    Why is the US stock market closed on June 19? – Investing Abroad News

    June 18, 2025

    JPMorgan Reveals Huge Bitcoin Bet As It Predicts A $3.5 Trillion Price Boom

    November 8, 2025
    Most Popular

    Florissant woman says utility company buried wire through her entire backyard without permission

    October 23, 2024

    Finvasia unveils ‘jAI’, a voice-based finance assistant to track spending, manage budgets and plan savings – Technology News

    May 5, 2026

    Is the stock market open or closed Memorial Day 2026?

    May 24, 2026
    Editor's Picks

    Stocks rebound after 3-day rout as Nasdaq, S&P 500 rally 2%

    August 6, 2024

    House Price Index: May 2026

    May 28, 2026

    Asia stocks slump on tech rout contagion, global uncertainty

    July 20, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.