TL;DR
- American Bitcoin increased its reserves with the purchase of 1,414 BTC, bringing the total to 3,865 BTC and surpassing $445 million in value.
- The company aims to increase BTC per share through its mining operations and strategic purchases, reducing the average cost of each BTC.
- The firm periodically publishes Satoshis Per Share to provide transparency on the BTC backing each share and its evolution.
American Bitcoin, the mining and treasury company co-founded by Eric Trump and Donald Trump Jr., increased its reserves with the purchase of 1,414 BTC, worth approximately $163 million, raising the total to 3,865 BTC and exceeding $445 million in market value.
The company seeks to strengthen its accumulation strategy and increase Bitcoin per share, a metric that measures the BTC backing each outstanding share and is considered key for shareholder value.
The company operates under a hybrid model that combines in-house mining with strategic market purchases. According to Eric Trump, the firm’s Chief Strategy Officer, this structure allows for a lower average cost per BTC and optimizes value per share. Part of the acquired coins is held in custody or allocated for mining equipment purchases under agreements with BITMAIN, ensuring a constant flow of digital assets.
American Bitcoin: Strategy and Transparency
American Bitcoin merged in August 2025 with Gryphon Digital Mining, a publicly traded BTC miner based in Las Vegas, allowing the company to begin trading on Nasdaq under the ticker ABTC in September. The first day of trading was highly volatile: shares closed up more than 16%, while intraday they rose 85%, with five trading halts due to extreme volatility. Before the merger, Gryphon’s shares had surged 230% in anticipation of the deal’s completion.
The company emphasizes transparency for investors by periodically publishing Satoshis Per Share (SPS), a metric that translates total Bitcoin reserves into backing per share. This approach allows shareholders to directly measure their stake in the company’s assets and track the evolution of value per share precisely.
American Bitcoin positions itself as one of the strongest Bitcoin accumulation platforms in the United States, combining mining, strategic purchases, and transparency
