American Bitcoin Buys 11,298 Miners, Boosting Capacity by 12%

American Bitcoin (Nasdaq: ABTC), backed by Eric Trump and Donald Trump Jr., combines bitcoin mining with a digital-asset reserve strategy. After its holdings surpassed 6,500 BTC, the company overtook Mike Novogratz's Galaxy Digital to rank 17th among publicly traded companies worldwide by bitcoin holdings, reflecting the Trump family's continued expansion into cryptocurrency.

Eric Trump announced that ABTC's holdings had exceeded 6,500 BTC after the company added more than 500 BTC over the previous 21 days. Its holdings subsequently grew to about 7,000 BTC. American Bitcoin also plans to purchase more than 10,000 new mining machines to expand its US mining infrastructure, but reports did not provide the exact dates or values of the announcement and purchase.

American Bitcoin (ABTC) is a Trump family-backed Bitcoin miner whose operating performance is heavily influenced by Bitcoin prices, mining costs and asset revaluations. The company holds more than 6,000 Bitcoin. Its financial results reflect not only the state of its mining operations but also serve as a key gauge of the Trump family’s cryptocurrency interests.

American Bitcoin reported a net loss of $59.5 million for the fourth quarter of 2025. Although revenue rose 22% from the third quarter of 2025, the increase was not enough to offset the impact of revaluing its digital assets. The company consequently recorded a substantial loss for the full year of 2025, underscoring the effect of its Bitcoin-holding strategy on earnings volatility.