Related News

Pastor Jamal Bryant says Target boycott is over but other activists say it’s not

Pastor Jamal Bryant says Target boycott is over but other activists say it’s not

March 12, 2026
Sony Bank To Launch Stablecoin For Games, Anime Payments

Sony Bank To Launch Stablecoin For Games, Anime Payments

December 2, 2025
Bitcoin Core V30 Bug Risks Total Wallet Loss For Legacy Users

Bitcoin Core V30 Bug Risks Total Wallet Loss For Legacy Users

January 7, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Pastor Jamal Bryant says Target boycott is over but other activists say it’s not

Pastor Jamal Bryant says Target boycott is over but other activists say it’s not

March 12, 2026
Sony Bank To Launch Stablecoin For Games, Anime Payments

Sony Bank To Launch Stablecoin For Games, Anime Payments

December 2, 2025
Bitcoin Core V30 Bug Risks Total Wallet Loss For Legacy Users

Bitcoin Core V30 Bug Risks Total Wallet Loss For Legacy Users

January 7, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC

WeMaple AI by WeMaple AI
January 27, 2026
in Crypto
0
Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Bitcoin Magazine

Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC

You might also like

Taiwan’s new crypto law gives banks the first real stablecoin advantage

Solana USDC Liquidity Jumps As Circle Mints Another $1 Billion

Ondo Brings 430 Tokenized Stocks And ETFs To Uniswap

American Bitcoin, a miner backed by members of the Trump family, has increased its bitcoin reserves to roughly 5,843 BTC, placing it among the world’s largest corporate holders of the cryptocurrency.

The company said it achieved a bitcoin yield of about 116% from its Nasdaq debut on Sept. 3, 2025, through Jan. 25, 2026. Bitcoin yield measures growth in a firm’s bitcoin holdings over time, including coins mined or purchased, without accounting for capital raises.

With the latest increase, American Bitcoin ranks as the 18th-largest corporate holder of bitcoin, surpassing companies such as Nakamoto Inc. and GameStop Corp., according to company data.

Shares of American Bitcoin were down about 0.50% in premarket trading Tuesday, according to Yahoo Finance, though the stock remains down roughly 12% year-to-date. 

American Bitcoin’s ties to the Trump family

American Bitcoin is approximately 20% owned by Donald Trump Jr. and Eric Trump and became a standalone public company last year after merging with Gryphon Digital Mining and spinning out from Hut 8’s mining operations. Hut 8 retains an estimated 80% ownership stake.

The company’s growing reserves follow a period of operational expansion after going public. In its third-quarter 2025 earnings report, American Bitcoin posted a return to profitability and reported higher revenue as it increased mining capacity and benefited from higher bitcoin prices earlier in the cycle. 

At that time, the company held just over 4,000 BTC, indicating reserves have increased by more than 1,800 coins in recent months.

According to Eric Trump, American Bitcoin has climbed rapidly up the rankings of corporate bitcoin holders, moving from 30th place to 18th in less than five months. 

The company recently surpassed firms including DeFi Technologies, Capital B, Bitcoin Group SE, and Next Technology Holding Inc.

American Bitcoin said its accumulation strategy reflects a broader trend among publicly listed miners that are increasingly treating bitcoin as a long-term balance-sheet asset rather than a source of near-term liquidity. 

That approach has gained traction even as investors rotate into assets such as precious metals and bonds amid market uncertainty.

Bitcoin is currently trading at $88,144, with 24-hour trading volume of about $40 billion and up roughly 1% over the past day.

The price is about 1% below its seven-day high of $88,763 and roughly 1% above its seven-day low of $87,180. Bitcoin’s circulating supply stands at 19,981,153 BTC, out of a maximum supply of 21 million, giving it a global market capitalization of about $1.76 trillion, up around 1% in the last 24 hours.

This post Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Read Entire Article
Tags: BitcoinistCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Taiwan’s new crypto law gives banks the first real stablecoin advantage

by WeMaple AI
July 1, 2026
0

The rules do not hand issuance to banks, but reserves, custody, audits and no-yield limits put financial infrastructure first The post Taiwan’s new crypto law gives banks the...

Read more

Solana USDC Liquidity Jumps As Circle Mints Another $1 Billion

by WeMaple AI
July 1, 2026
0
Solana USDC Liquidity Jumps As Circle Mints Another $1 Billion

Circle reportedly minted another $1 billion of USDC on Solana, adding to the network’s already large gross issuance total for

Read more

Ondo Brings 430 Tokenized Stocks And ETFs To Uniswap

by WeMaple AI
July 1, 2026
0
Ondo Brings 430 Tokenized Stocks And ETFs To Uniswap

Ondo Finance has integrated more than 430 tokenized stocks and ETFs with Uniswap, though access is restricted for US

Read more

SEC and CFTC crypto plans face new risk from Supreme Court ruling

by WeMaple AI
July 1, 2026
0

On June 29, the US Supreme Court ruled that President Donald Trump had the authority to remove the Federal Trade Commission (FTC) Commissioner Rebecca Slaughter, rejecting the statutory...

Read more

Ethereum Staking Hits New Highs Even As ETH Price Stays Under Pressure

by WeMaple AI
July 1, 2026
0
Ethereum Staking Hits New Highs Even As ETH Price Stays Under Pressure

Ethereum staking deposits are reportedly reaching new highs while ETH spot price remains under pressure near the $1,500

Read more
Next Post
Dogecoin Millionaire Who Bought at $0.0006 Reveals Why Pepeto Is The Next Major Opportunity

Dogecoin Millionaire Who Bought at $0.0006 Reveals Why Pepeto Is The Next Major Opportunity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Pastor Jamal Bryant says Target boycott is over but other activists say it’s not

Pastor Jamal Bryant says Target boycott is over but other activists say it’s not

March 12, 2026
Sony Bank To Launch Stablecoin For Games, Anime Payments

Sony Bank To Launch Stablecoin For Games, Anime Payments

December 2, 2025
Bitcoin Core V30 Bug Risks Total Wallet Loss For Legacy Users

Bitcoin Core V30 Bug Risks Total Wallet Loss For Legacy Users

January 7, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.