American Bitcoin Nears Top 20 Holders After Adding 261 BTC to Reserves

TLDR

• American Bitcoin added 261 BTC, lifting total reserves to 5,044 BTC.

• The company now ranks 21st on the Bitcoin 100 corporate holders list.

• Its Bitcoin holdings are valued at over $450 million at current prices.

• Corporate Bitcoin accumulation continues despite equity market volatility.

American Bitcoin has increased its Bitcoin reserves with a fresh acquisition. The move places the company higher among the world’s largest corporate holders.

Expansion of Bitcoin Holdings

American Bitcoin Corp acquired an additional 261 BTC in a recent purchase. This brought the company’s total Bitcoin holdings to 5,044 BTC.

At the time of reporting, Bitcoin traded near $89,700.Based on that price, the holdings are valued at more than $450 million.

The company is backed by Donald Trump Jr. and Eric Trump. It focuses on Bitcoin mining and long-term Bitcoin accumulation. This latest purchase continues a trend seen since early December. American Bitcoin has added more than 1,000 BTC during this period.

Ranking Among Corporate Holders

Following the acquisition, American Bitcoin ranks 21st on the Bitcoin 100 list. The list tracks the largest public corporate Bitcoin holders globally.

The company now trails Semler Scientific by a small margin. Semler Scientific holds 5,048 BTC, according to industry data.

American Bitcoin has also surpassed ProCap Financial in total holdings. ProCap now ranks 22nd, holding close to 5,000 BTC. Data from BitcoinTreasuries.NET confirms the updated rankings.
Corporate competition for Bitcoin reserves remains active.

Market Reaction and Stock Performance

Shares of American Bitcoin ticked up slightly in premarket trading on Monday. The movement followed news of the expanded Bitcoin reserves.

Despite this, the stock has struggled in recent weeks. It has dropped about 64% over the past month.

The decline followed the release of pre-merger private placement shares. These shares entered the public market after the company went public. American Bitcoin listed earlier this year through a reverse merger.
The merger involved Gryphon Digital Mining, a public mining firm.

Corporate Bitcoin Buying Continues

Corporate Bitcoin accumulation has continued across the market. Top public holders now control more than 1.08 million BTC combined. This trend persists even as Bitcoin proxy stocks show sharp swings.
Market volatility has affected mining and treasury-focused companies.

American Bitcoin saw its shares fall over 50% in one session this month. Other firms, including Strategy, have also faced steep declines. Strategy reported buying more than 10,000 BTC last week alone.

Its recent purchases show ongoing demand from corporate buyers. American Bitcoin’s growing treasury places it closer to the top 20. The company continues to expand its presence in the digital asset sector.

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