5 days ago
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The firm’s latest acquisition highlights ongoing corporate interest in digital assets amid changing market dynamics.
Key Takeaways
- American Bitcoin acquired 363 more BTC, bringing its total holdings to 4,367 BTC.
- The company is continuing its strategy of accumulating Bitcoin as a digital asset.
American Bitcoin Corp (ABTC), a Bitcoin-focused firm backed by Eric Trump and Donald Trump Jr., has purchased an additional 363 BTC, according to a Thursday statement.
American Bitcoin has increased its Bitcoin holdings, bringing its total to 4,367 BTC. Strategic accumulation continues. @ABTC pic.twitter.com/RILiwhinm5
— American Bitcoin (@ABTC) December 3, 2025
The company continues its strategic accumulation of the digital asset, now holding 4,367 BTC worth around $405 million at current market prices.
American Bitcoin recently experienced nearly a 40% drop in stock value as a lock-up period ended, allowing early investors to sell their shares. Despite the market reaction, company fundamentals are reportedly strong, according to Eric Trump, who remains invested in the firm.
After a steep selloff earlier in the week, the company’s stock rebounded on Wednesday, closing up 9%. The stock is still off 44% over the five-day stretch, Yahoo Finance data shows.
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English (US) · 