Trump Family-Backed American Bitcoin Corp. Adds to Stack, Holdings Surpass 6,000 BTC

Trump Family-Backed American Bitcoin Corp. Adds to Stack, Holdings Surpass 6,000 BTC

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News Editor 01
2026-07-02 12:00:14
American Bitcoin Corp. (ABTC), backed by the Trump family, has pushed its Bitcoin reserves above 6,000 BTC, currently holding 6,060 BTC worth approximately $413 million. The company added about 217 BTC over the past month through a blend of mining output and direct market purchases. Its holdings now approach Galaxy Digital's 6,894 BTC. Despite the accumulation, ABTC shares have dropped roughly 45% year-to-date to around $1.14 from over $2 in early January. The firm reported a Bitcoin yield of about 116% since its Nasdaq debut in September 2025 through late January 2026. Bitcoin recently rebounded above $70,000 following cooler-than-expected U.S. inflation data, boosting risk appetite and pushing its market cap back above $1.4 trillion. Eric Trump serves as co-founder and chief strategy officer, and Donald Trump Jr. is an investor.
American Bitcoin CorpTrump familyBitcoin holdingscorporate treasurymining to treasurystock declineBitcoin yieldinflation dataNasdaq listing

Trump Family-Backed ABTC Holdings Break 6,000 BTC

American Bitcoin Corp. (ABTC), a company with ties to the Trump family, has pushed its Bitcoin reserves above the 6,000 BTC mark. According to on-chain data tracked by Arkham Intelligence, ABTC now holds 6,060 BTC, valued at approximately $413 million. The company added or mined roughly 217 BTC over the past month, expanding its reserve during a period when bitcoin is attempting to reclaim levels above $70,000. This accumulation places ABTC among the top 20 publicly listed Bitcoin holders globally, and its stash is closing in on Galaxy Digital's holdings of 6,894 BTC.

The company's strategy is characterized as a 'mining to treasury' pipeline, where mining output is retained rather than sold into the market. This model has gained traction among firms seeking long-term exposure to bitcoin as a core treasury asset. ABTC aims to outperform traditional mining operators by building a substantial Bitcoin reserve over time.

Stock Price Under Pressure, Down 45% Year-to-Date

Despite the growing Bitcoin holdings, ABTC's stock has faced a rough couple of months. Shares traded at around $1.14 after Friday's close, up about 1.75% on the day, but the stock remains significantly lower on the year. It traded above $2 in early January but has declined as bitcoin's price weakened into the new year. As of the latest data, shares are down roughly 45% year to date. The firm has framed its approach as a 'mining to treasury' pipeline rather than a pure mining business, aiming to outperform traditional operators by retaining bitcoin rather than selling production into the market.

Bitcoin Yield of 116% and Favorable Market Conditions

Earlier this year, ABTC reported reserves near 5,843 BTC and cited a Bitcoin yield of roughly 116% since its Nasdaq debut in September 2025 through late January 2026. Bitcoin yield tracks growth in holdings from mined or purchased coins, separate from capital raising activity. With reserves now above 6,000 BTC, American Bitcoin joins a growing cohort of public companies treating bitcoin as a core treasury asset.

On Saturday, Bitcoin rebounded above $70,000 following a sharp February increase, aided by cooler-than-expected U.S. inflation data that boosted risk appetite. Softer inflation strengthened expectations of earlier Federal Reserve rate cuts, lifting crypto markets and pushing Bitcoin's market cap back above $1.4 trillion.

Company Background

American Bitcoin Corp. debuted on Nasdaq in September after a spin-off from Hut 8 Corp. Eric Trump and Donald Trump Jr. helped launch the company, with Eric serving as co-founder and chief strategy officer, and Donald Trump Jr. listed as an investor.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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