American Bitcoin increases reserves to 5.427 BTC, ABTC stock jumps over 6%

TapChiBitcoin
BTC1,33%
SPS1,4%

American Bitcoin, a company backed by the Trump family, has increased its total Bitcoin reserves to over 5,427 BTC, according to confirmation on January 5th. As a result, this enterprise has become the 19th largest publicly traded company holding Bitcoin, with a market capitalization of approximately $1.65 billion.

The additional Bitcoin amounting to 329 BTC comes from mining activities and strategic purchases, including BTC held in custody or used as collateral under an agreement with BITMAIN. Since listing on Nasdaq on September 3rd until January 2nd, 2026, American Bitcoin has achieved a BTC Yield of nearly 105%. The company also introduced a new Bitcoin Yield index, supplementing the Satoshis Per Share (SPS), which has now increased to 556.

Along with Bitcoin’s surge past $93,000, ABTC shares have risen more than 6%, trading around $1.89. American Bitcoin has now surpassed ProCap Financial and KindlyMD in Bitcoin holdings.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments