The post American Bitcoin Buys 139 Bitcoin, Total BTC Reaches 4,004 appeared on BitcoinEthereumNews.com. American Bitcoin Corp. (Nasdaq: ABTC), a Bitcoin accumulation and infrastructure company, announced it has added 139 Bitcoin to its reserves since October 24, bringing its total holdings to 4,004 BTC as of November 5, 2025. The company said the Bitcoin was acquired through a combination of mining operations and strategic market purchases. According to a company release Friday, American Bitcoin’s “Satoshis Per Share” (SPS) — a transparency metric showing how much Bitcoin backs each share of stock — rose 3.35% over the past 12 days to 432 satoshis per share.  The firm said this figure includes Bitcoin held in custody and coins pledged under a miner purchase agreement with Bitmain. “We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases,” said Eric Trump, co-founder and chief strategy officer of American Bitcoin. The Miami-based company describes its goal as building “America’s Bitcoin infrastructure backbone,” combining industrial-scale mining with balance-sheet accumulation.  American Bitcoin said it plans to continue providing regular SPS updates as part of its commitment to transparency and shareholder alignment with Bitcoin’s long-term growth. American Bitcoin’s Nasdaq debut and the Gryphon merger American Bitcoin Corp. (Nasdaq: ABTC) emerged on the public markets in September 2025. The company was created through a merger between Gryphon Digital Mining, Inc. and American Bitcoin Corp., a Trump family–backed subsidiary of Hut 8 Corp. (Nasdaq | TSX: HUT).  The all-stock merger, finalized earlier this year, combined Gryphon’s mining technology and operational expertise with American Bitcoin’s capital resources and reserve-focused strategy.  Under the terms of the deal, Gryphon shareholders retained roughly 2% of the new entity, while American Bitcoin stakeholders — including Hut 8, which contributed most of its mining ASICs — held approximately 98%. Co-founded by Eric Trump and Donald Trump… The post American Bitcoin Buys 139 Bitcoin, Total BTC Reaches 4,004 appeared on BitcoinEthereumNews.com. American Bitcoin Corp. (Nasdaq: ABTC), a Bitcoin accumulation and infrastructure company, announced it has added 139 Bitcoin to its reserves since October 24, bringing its total holdings to 4,004 BTC as of November 5, 2025. The company said the Bitcoin was acquired through a combination of mining operations and strategic market purchases. According to a company release Friday, American Bitcoin’s “Satoshis Per Share” (SPS) — a transparency metric showing how much Bitcoin backs each share of stock — rose 3.35% over the past 12 days to 432 satoshis per share.  The firm said this figure includes Bitcoin held in custody and coins pledged under a miner purchase agreement with Bitmain. “We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases,” said Eric Trump, co-founder and chief strategy officer of American Bitcoin. The Miami-based company describes its goal as building “America’s Bitcoin infrastructure backbone,” combining industrial-scale mining with balance-sheet accumulation.  American Bitcoin said it plans to continue providing regular SPS updates as part of its commitment to transparency and shareholder alignment with Bitcoin’s long-term growth. American Bitcoin’s Nasdaq debut and the Gryphon merger American Bitcoin Corp. (Nasdaq: ABTC) emerged on the public markets in September 2025. The company was created through a merger between Gryphon Digital Mining, Inc. and American Bitcoin Corp., a Trump family–backed subsidiary of Hut 8 Corp. (Nasdaq | TSX: HUT).  The all-stock merger, finalized earlier this year, combined Gryphon’s mining technology and operational expertise with American Bitcoin’s capital resources and reserve-focused strategy.  Under the terms of the deal, Gryphon shareholders retained roughly 2% of the new entity, while American Bitcoin stakeholders — including Hut 8, which contributed most of its mining ASICs — held approximately 98%. Co-founded by Eric Trump and Donald Trump…

American Bitcoin Buys 139 Bitcoin, Total BTC Reaches 4,004

2025/11/08 11:47

American Bitcoin Corp. (Nasdaq: ABTC), a Bitcoin accumulation and infrastructure company, announced it has added 139 Bitcoin to its reserves since October 24, bringing its total holdings to 4,004 BTC as of November 5, 2025.

The company said the Bitcoin was acquired through a combination of mining operations and strategic market purchases.

According to a company release Friday, American Bitcoin’s “Satoshis Per Share” (SPS) — a transparency metric showing how much Bitcoin backs each share of stock — rose 3.35% over the past 12 days to 432 satoshis per share. 

The firm said this figure includes Bitcoin held in custody and coins pledged under a miner purchase agreement with Bitmain.

“We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases,” said Eric Trump, co-founder and chief strategy officer of American Bitcoin.

The Miami-based company describes its goal as building “America’s Bitcoin infrastructure backbone,” combining industrial-scale mining with balance-sheet accumulation. 

American Bitcoin said it plans to continue providing regular SPS updates as part of its commitment to transparency and shareholder alignment with Bitcoin’s long-term growth.

American Bitcoin’s Nasdaq debut and the Gryphon merger

American Bitcoin Corp. (Nasdaq: ABTC) emerged on the public markets in September 2025. The company was created through a merger between Gryphon Digital Mining, Inc. and American Bitcoin Corp., a Trump family–backed subsidiary of Hut 8 Corp. (Nasdaq | TSX: HUT). 

The all-stock merger, finalized earlier this year, combined Gryphon’s mining technology and operational expertise with American Bitcoin’s capital resources and reserve-focused strategy. 

Under the terms of the deal, Gryphon shareholders retained roughly 2% of the new entity, while American Bitcoin stakeholders — including Hut 8, which contributed most of its mining ASICs — held approximately 98%.

Co-founded by Eric Trump and Donald Trump Jr., American Bitcoin positions itself as a patriotic Bitcoin accumulation vehicle aligned with what the Trump family describes as “American values of freedom, transparency, and independence.” 

The company’s dual accumulation model aims to maintain a cost advantage by mining Bitcoin below market price while retaining the flexibility to add to reserves through spot purchases. 

Its partnership with Hut 8 also provides access to large-scale colocation infrastructure without requiring heavy capital expenditure on proprietary facilities — a structure meant to maximize efficiency, scale hash rate, and grow the company’s reserve base over time.

Source: https://bitcoinmagazine.com/business/american-bitcoin-corp-expands-to-4004

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Coinstats2025/11/10 12:10