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Reading: American Bitcoin Hits 7,000 BTC, Rises to 16th Largest Bitcoin Treasury
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American Bitcoin Hits 7,000 BTC, Rises to 16th Largest Bitcoin Treasury

News Desk
Last updated: March 30, 2026 6:27 pm
News Desk
Published: March 30, 2026
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American Bitcoin (ABTC), a company supported by the Trump family, has announced it has amassed a reserve of 7,000 BTC, valued at approximately $66,604.47 each. This milestone represents a substantial growth of about three times in their bitcoin assets since the company’s initial public offering on Nasdaq in September 2025.

In addition to increasing its overall bitcoin holdings, ABTC reported a more than twofold increase in its “satoshis per share,” a key metric indicating the amount of bitcoin attributable to each outstanding share. This figure has now surpassed 660 satoshis per share, significantly boosting bitcoin exposure for its shareholders.

The latest accumulation places ABTC as the 16th-largest publicly traded Bitcoin treasury worldwide, marking a remarkable leap of 14 positions in under seven months. Eric Trump, co-founder and chief strategy officer of American Bitcoin, expressed enthusiasm about this achievement, stating, “the accumulation machine is running at full throttle, mining at a discount and disciplined buying. No company is climbing the rankings faster. Up we go.”

However, despite these positive developments in accumulation, the company’s shares have faced challenges. On Monday, ABTC’s shares declined by 2% to $0.84, representing an overall decrease of approximately 88% in value over the past six months. The juxtaposition of growing bitcoin reserves with declining stock performance highlights the volatility and complexity of the cryptocurrency market.

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