American Bitcoin Corp. (Nasdaq: ABTC) has significantly increased its Bitcoin holdings, reaching 4,004 BTC in its strategic reserve as of November 5, 2025, according to a press release dated November 7. This marks a rise from 3,865 BTC on October 24, with the company adding 139 BTC over a 12-day period through a combination of scaled mining operations and at-market purchases.
Eric Trump, Co-founder and Chief Strategy Officer, emphasized the company's dual strategy, stating, "We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases." He noted the momentum, with the Satoshis Per Share (SPS) metric now at 432, reflecting a 3.35% increase in just 12 days. The SPS metric, calculated after adjusting for the recent merger with Gryphon Digital Mining, provides investors transparency on Bitcoin exposure per share of common stock.
Despite this growth, ABTC's stock dropped by 5.22% at the close of trading on November 5. The company's accumulation strategy is driven by its belief that Bitcoin represents "the gold standard of digital capital," citing its finite supply of 21 million coins as a key factor for long-term treasury holdings, irrespective of price volatility.
This development places American Bitcoin among 124 institutions tracked by CoinGecko, which collectively hold 1,660,618 BTC (worth approximately $169 billion), representing nearly 8% of Bitcoin's total supply. Meanwhile, Bitcoin's price has faced recent declines, falling 3.06% to $99,679 over 24 hours and 9.55% for the week, highlighting ongoing market volatility.
USDT
USDC
DAI
KRWX
KRW1
LINEA
STRK
ARB
APT
SEI
ETH
XMR
XUSD
USDE
DEUSD
USDX