The Trump family’s crypto company continues to increase its Bitcoin holdings, with reserves catching up to traditional giant GameStop.

American Bitcoin Corp, a crypto mining enterprise deeply involved with former U.S. President Trump’s family, is actively expanding its Bitcoin reserves through an aggressive asset strategy. Latest data shows its holdings are now approaching those of established public company GameStop, making it another key player among public companies holding Bitcoin assets and highlighting the growing integration of digital assets into corporate financial strategies.

BlockBeats reported on December 5, 2025, that Eric Trump, the second son of former President Trump, publicly disclosed on his social media platform the latest asset developments of American Bitcoin Corp (ABC), the crypto mining company he co-founded. The company is systematically increasing its Bitcoin holdings, quickly approaching—and likely to surpass—the reserves of GameStop, the game retailer renowned for its retail investor frenzy during the pandemic.

Asset Data Comparison: Emerging Crypto Forces Challenge Traditional Corporate Holdings According to specific data shared directly by Eric Trump, as of now, American Bitcoin Corp’s public Bitcoin wallet holds 4,367 Bitcoins. For reference, GameStop, a New York Stock Exchange-listed company, disclosed in its recent quarterly SEC filing that it holds about 4,710 Bitcoins as part of its financial assets. The gap between them has narrowed to about 343 Bitcoins. In his post, Eric Trump confidently stated: “Crypto mining company American Bitcoin Corp. continues to accumulate Bitcoin, and the next company to surpass is GameStop.” This explicit declaration of a “target to surpass” has drawn attention not only from the crypto community but also from traditional capital market observers.

Company Background & Business Model: Dual Narrative of Mining and Reserves American Bitcoin Corp is not simply a Bitcoin investment company. Publicly available information shows that the company, co-founded by Eric Trump and partners, is a listed enterprise integrating actual Bitcoin mining operations and strategic digital asset reserves. The core narrative of its business model is to operate high-efficiency mining farms in the U.S., “producing” Bitcoin at power and operating costs significantly below market price; meanwhile, a portion or all of these newly mined Bitcoins are held on the balance sheet as long-term assets for appreciation rather than sold immediately for profit. This “productive reserve” model aims to demonstrate to investors the company’s potential cost advantage and sustainability compared to firms that simply purchase Bitcoin on the secondary market.

Market Background & Strategic Intent: Stabilizing Confidence and Demonstrating Strength This asset disclosure comes in a specific market context. Earlier this week, American Bitcoin Corp’s stock price suffered a sharp drop of 35% in one day due to the end of the lock-up period for a large number of shares, making them freely tradable. This volatility, triggered by potential insider selling, is a confidence test for any public company. At this juncture, Eric Trump’s high-profile announcement of the company’s continued Bitcoin accumulation is widely interpreted by market analysts as a strategic communication aimed at stabilizing investor sentiment and reaffirming the company’s long-term core value. The move seeks to redirect market attention from short-term stock price fluctuations back to the company’s ever-growing “hard asset”—its Bitcoin reserves.

Industry Trend: Bitcoin Gradually Becomes a Corporate Balance Sheet Asset American Bitcoin Corp’s actions are a microcosm of a broader trend. Since business intelligence company MicroStrategy pioneered holding Bitcoin as a primary reserve asset, more and more public companies—from Tesla to GameStop, from various fintech firms to specialized crypto companies like ABC—are allocating a portion of their balance sheet to Bitcoin. This reflects that some corporate leaders view Bitcoin as a potential inflation hedge, a technological store of value, or simply as part of a diversified asset strategy in line with financial innovation trends. While motivations and allocation levels vary, the trend is undoubtedly blurring the lines between traditional corporate finance and the world of crypto assets.

Outlook and Potential Impact As American Bitcoin Corp’s Bitcoin reserves close in on GameStop’s, the process itself—regardless of whether they ultimately surpass them—has become a vivid example of how new enterprises are operating and traditional enterprises are adopting crypto assets. It’s about more than just an asset comparison between two companies; it touches on the evolution of modern corporate financial management and asset allocation philosophies. Going forward, the market will continue to watch these companies’ Bitcoin acquisition costs, accounting practices, the correlation between stock price and Bitcoin price, and the impact of changes in the regulatory environment.

Analysts note that the high-profile involvement of well-known political families such as the Trumps brings additional public attention and discussion to the industry, which could further advance the mainstream acceptance of crypto assets in the business world, although it also comes with greater public scrutiny and policy risk.