American Bitcoin Corp. has expanded its bitcoin treasury to 5,843 BTC, the company announced Monday.
The Trump family-backed mining firm now ranks as the 18th-largest corporate bitcoin holder, according to BitcoinTreasuries.NET data. The increase of 416 BTC represents continued accumulation by the Miami-based company, which is roughly 20% owned by Donald Trump Jr. and Eric Trump.
American Bitcoin became a standalone public entity following a merger with Gryphon Digital Mining and spinning out from Hut 8's mining operations. The company trades on Nasdaq under ticker symbol ABTC. Eric Trump serves as co-founder and chief strategy officer, while Matt Prusak leads the company as CEO.
The company follows a dual strategy of mining and purchasing bitcoin. American Bitcoin operates with five employees, using Hut 8 to run its mining operations across multiple data centers.
American Bitcoin's holdings place it ahead of Nakamoto Inc. and GameStop Corp. The company operates approximately 78,000 mining servers with 25 exahash per second capacity.
Shares of American Bitcoin have risen roughly 3.6% in trading Tuesday as of press time, though the stock remains down approximately 11% year-to-date.
The company generated $64 million in revenue during Q3 2025, primarily from mining 563 bitcoin. American Bitcoin reported net income of $3.47 million, a turnaround from a $576,000 loss the prior year, with revenue up fivefold.
The Trump brothers launched American Bitcoin in March 2025 through their partnership with Hut 8, which retained an 80% ownership stake while the Trump family and American Data Centers shareholders hold the remaining 20%.