- American Bitcoin added 261 BTC, lifting total holdings to 5,044 BTC worth over $450M.
- The firm now ranks 21st among corporate Bitcoin holders, just behind Semler Scientific.
- ABTC stock remains under pressure, down roughly 64% over the past month despite accumulation.
American Bitcoin Corp, the mining and accumulation firm backed by Donald Trump Jr. and Eric Trump, quietly added another 261 BTC to its balance sheet. That purchase brings the company’s total Bitcoin holdings to 5,044 BTC, a meaningful milestone as corporate treasuries continue stacking through volatility. With Bitcoin trading near $89,700 at press time, the company’s stash is now worth more than $450 million.
Closing In on the Top 20 Bitcoin Holders
The latest acquisition moves American Bitcoin closer to the upper ranks of corporate Bitcoin holders. The firm now sits 21st on the Bitcoin 100 list, just behind Semler Scientific, which holds 5,048 BTC. While the difference is slim, crossing into the top 20 would put American Bitcoin in more exclusive territory, alongside firms that have built long-term accumulation strategies rather than short-term trading positions.
Stock Pressure Tells a Different Story
Despite the growing Bitcoin treasury, ABTC’s stock has struggled. Shares ticked slightly higher in premarket trading Monday, according to Yahoo Finance, but the broader trend remains weak. Over the past month, the stock has fallen roughly 64%, largely due to selling pressure tied to the release of pre-merger private placement shares into the public market. That supply overhang has weighed heavily on price action, even as the company continues adding BTC.
Accumulation vs Market Sentiment
The contrast is hard to ignore. On one side, American Bitcoin is steadily increasing its exposure to Bitcoin at scale. On the other, equity markets are still digesting dilution and structural adjustments tied to the company’s transition. Whether the expanding BTC treasury eventually stabilizes investor sentiment remains to be seen, but the firm’s positioning suggests it’s playing a longer game than the stock chart currently reflects.
