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Home Bitcoin

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

Digital Pulse by Digital Pulse
July 7, 2026
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Trump-Backed American Bitcoin (ABTC) Pushes Treasury Past 8,000 BTC
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American Bitcoin Corp (Nasdaq: ABTC) has moved its treasury previous 8,000 bitcoin, the corporate mentioned. The overall marks a climb from about 5,401 BTC on the finish of 2025, a achieve of near 50% throughout six months.

The corporate, a majority-owned subsidiary of Hut 8 Corp and backed by the Trump household, mentioned its bitcoin reserve and its bitcoin-per-share have grown near threefold since its Nasdaq debut. Co-founder Eric Trump has framed the expansion as disciplined and huge in scale.

American Bitcoin builds its stack by means of two channels: mining manufacturing and treasury purchases. Within the first quarter of 2026, the agency mined 817 BTC and added 1,620 BTC to its reserve, an increase of about 30 p.c in three months. That tempo has carried into the summer time.

Mining capability has grown to match the treasury ambitions. In March, the corporate deployed 11,298 ASIC miners at its web site in Drumheller, Alberta, a transfer that lifted capability by about 12 p.c and added 3.05 EH/s. The fee to mine a single bitcoin fell to about $36,200 within the first quarter, a drop of 23 p.c from $46,900 within the prior quarter.

The monetary image stays blended. American Bitcoin reported a internet lack of $81.8 million for the primary quarter on income of $62.1 million, a outcome that displays a wider crypto market decline and the heavy spending behind its enlargement.

JUST IN: 🇺🇸 Eric Trump’s ‘American Bitcoin’ will increase their Bitcoin holdings by 500 BTC 👀

They now personal over 8000 BTC! 🚀 pic.twitter.com/KEn8AlOSuq

— Bitcoin Journal (@BitcoinMagazine) July 6, 2026

American Bitcoin’s reverse inventory cut up

The corporate additionally reshaped its share construction. A 1-for-15 reverse inventory cut up took impact at 5:00 p.m. on July 2, with shares buying and selling on a split-adjusted foundation from July 6. Shareholders permitted the measure on the annual assembly on June 22.

The technique units American Bitcoin other than a section of the mining trade that has shifted sources towards artificial-intelligence information facilities. Moderately than pivot, the agency has doubled down on bitcoin mining and treasury accumulation, a guess that ties its fortunes to the value of the asset it collects.

At greater than 8,000 BTC, American Bitcoin ranks among the many bigger company holders of the asset, and its stack has, at factors, surpassed that of Galaxy Digital. 

The corporate positions itself as a pure-play bitcoin accumulation platform, a construction that offers public traders publicity to each mining output and a rising reserve.

Whether or not the mannequin rewards shareholders will depend on the trail of bitcoin and the self-discipline of the corporate’s spending. For the second, the treasury retains its climb.

Shares of ABTC had been up 7% at time of writing. 





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Tags: ABTCAmericanBitcoinBTCPushesTreasuryTrumpBacked
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