 acquired approximately 1,414 Bitcoin, bringing its reported holdings to 3,865 BTC.){kind=link}
According to reports, American Bitcoin Corp., a platform for Bitcoin accumulation, has purchased 1,414 Bitcoins. The
The NASDAQ-listed listed with the ticker ABTC listed firm is dedicated to creating the backbone of the American Bitcoin infrastructure.
As of October 24, 2025, through Bitcoin mining and strategic acquisitions, the company held about 3,865 Bitcoin, including Bitcoin retained in custody or committed for miner purchases under an arrangement with BITMAIN.
On March 31st, we reported, Hut 8, a leading Bitcoin mining firm, partnered with Eric Trump to launch American Bitcoin Corp.
Leaders quotes
On September 9th, 2025, Eric Trump was removed from the board after the company consulted Nasdaq; however, he can consult the firm and still holds his position as Co-founder and Chief Strategy Officer
“We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share,” said Eric Trump
He added “As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings.”
“What sets American Bitcoin apart from most traditional Bitcoin treasury vehicles is our integrated mining operations,” said Asher Genoot, Executive Chairman of American Bitcoin.
“By producing Bitcoin directly, we can reduce our average cost per Bitcoin to drive a cost advantage over vehicles that buy exclusively on the open market. That structural advantage allows us to compound Bitcoin value per share more efficiently for our investors.”
The company anticipates posting some information and updates, such as those pertaining to its Bitcoin holdings, Satoshis Per Share (“SPS”), and associated performance metrics, on its website and/or its social media channels.
Also Read: JPMorgan To Let Institutional Clients Pledge Bitcoin And Ether As Loan Collateral
American Bitcoin to regularly update Satoshis Per Share (“SPS”)
American Bitcoin will now regularly update Satoshis Per Share (“SPS”), a measure that shows how much Bitcoin is due to each outstanding share of the company’s common stock, as part of its continued commitment to provide investors insight into shareholder value.
In order to calculate SPS, the company’s total Bitcoin holdings are multiplied by the Satoshi conversion ratio (1 Bitcoin is equivalent to 100,000,000 Satoshis), and the result is then divided by the number of outstanding shares of the company’s common stock on the measurement date.
Through their ownership stake in the company, shareholders can gain insight into their indirect ownership of Bitcoin thanks to this measure.
Building America’s Bitcoin infrastructure platform is the primary goal of American Bitcoin Corp., a Bitcoin accumulation platform that is a majority-owned subsidiary of Hut 8 Corp.
Through an industry-first business model that combines large self-mining operations with methodical accumulation tactics, and Eric Trump’s backing, the company provides institutional-grade exposure to Bitcoin.