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Eric Trump-backed American Bitcoin discloses 215 BTC holdings

Bitcoin Home » Bitcoin » Eric Trump-backed American Bitcoin discloses 215 BTC holdings by Vivian Nguyen Jun. 10, 2025 The company aims to increase its Bitcoin reserves by accessing efficient capital through public markets and strategic financing structures. Photo: Evan Vucci Key Takeaways American Bitcoin holds 215 BTC in reserve, operating since April 2025. The

Eric Trump-backed American Bitcoin discloses 215 BTC holdings

Home » Bitcoin » Eric Trump-backed American Bitcoin discloses 215 BTC holdings

The corporate goals to extend its Bitcoin reserves by accessing environment friendly capital by public markets and strategic financing constructions.

Eric Trump-backed American Bitcoin discloses 215 BTC holdings

Photograph: Evan Vucci

Key Takeaways

  • American Bitcoin holds 215 BTC in reserve, working since April 2025.
  • The corporate companions with Hut 8 and makes use of Bitmain and MicroBt machines.

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American Bitcoin, a newly established Bitcoin mining entity backed by Eric Trump and Donald Trump Jr., has revealed that it has accrued 215 BTC since its launch in April. The stash is valued at round $23 million at present market costs.

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Stacking extra Bitcoin is a part of the corporate’s core enterprise goal and technique, based on a June 10 disclosure with the SEC, which incorporates particulars of a proposed merger between Gryphon Digital Mining and American Bitcoin.

“Bitcoin accumulation will not be a aspect impact of ABTC’s enterprise. It’s the enterprise,” the corporate acknowledged in its disclosure. “ABTC goals to pursue Bitcoin accumulation by environment friendly mining operations, reserve growth, and ecosystem engagement.”

In March, the sons of President Donald Trump entered right into a partnership with Hut 8 to establish American Bitcoin. The entity focuses on enhancing Bitcoin mining capabilities and accumulating BTC as a strategic asset.

In Might, American Bitcoin announced plans to go public by way of a stock-for-stock merger with Gryphon Digital Mining. The merger is anticipated to shut as early as Q3 2025, after which the mixed firm will function beneath the American Bitcoin model and commerce on Nasdaq beneath the ticker image ABTC.

Along with its Bitcoin reserve, which it categorizes as “Layer 2” in its strategic framework, American Bitcoin’s strategy consists of two different key layers, together with “Construct the Engine” and “Lead the Ecosystem.”

The corporate plans to supply Bitcoin under market price by a capital-efficient, infrastructure-light mannequin.

“Bitcoin mining serves as ABTC’s foundational engine for Bitcoin accumulation, not as an finish in itself. ABTC’s Layer 1 technique is designed to maximise long-term Bitcoin possession per greenback of capital deployed, creating what ABTC believes is a sustainable aggressive benefit in below-market Bitcoin manufacturing,” per the submitting.

ABTC makes use of third-party mining swimming pools Foundry and Luxor, with pool charges at the moment under 1% of each day payouts. For asset safety, it employs Coinbase Custody options, relying totally on chilly storage wallets with multi-factor authentication and strict withdrawal protocols.

As soon as it establishes sturdy mining operations and a robust reserve, ABTC intends to foster the expansion and adoption of your entire Bitcoin community, based on the submitting.

“ABTC might discover partnerships that facilitate broader Bitcoin adoption whereas sustaining disciplined capital allocation,” American Bitcoin famous.

“ABTC might pursue alternatives to assist protocol growth, improve community infrastructure, and contribute to Bitcoin’s resilience and adoption in ways in which align with shareholder worth creation,” it added.

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