American Bitcoin Corp tops 8,000 BTC after adding 500 bitcoin to treasury

American Bitcoin Corp added 500 bitcoin to its corporate treasury on July 6, pushing total holdings past 8,000 BTC for the first time.

"Our bitcoin reserve and bitcoin per share have grown close to threefold since our Nasdaq debut," the company said in a post on X. Eric Trump, co-founder and chief strategy officer, has framed the accumulation as disciplined and large in scale.

The purchase brings the Nasdaq-listed miner's stack to about 8,000 BTC, valued at roughly $509 million based on current prices. The company held approximately 5,401 BTC at the end of 2025, meaning it has added nearly 50% to its reserve in six months through a combination of mining production and direct treasury purchases. In the first quarter alone, ABTC mined 817 BTC and bought an additional 1,620 BTC.

The accumulation comes as ABTC navigates a mixed financial picture. The company reported a net loss of $81.8 million in Q1 on revenue of $62.1 million, reflecting heavy spending behind its expansion. A 1-for-15 reverse stock split took effect July 2, with shares trading on a split-adjusted basis from July 6. ABTC rose 8.49% to $9.14 on Nasdaq that day, giving it a market capitalization of about $7.33 billion.

The company, a majority-owned subsidiary of Hut 8 Corp, builds its bitcoin stack through two channels. Its mining operations produced 817 BTC in Q1 at a cost of about $36,200 per coin, down 23% from $46,900 in the prior quarter, after deploying 11,298 ASIC miners at its Drumheller, Alberta site in March. Separately, it makes periodic treasury purchases, with the latest 500 BTC acquisition marking its largest single addition in recent months.

American Bitcoin ranks as the 16th-largest publicly traded corporate bitcoin holder, according to BitcoinTreasuries.net. Its stack has at points surpassed that of Galaxy Digital, placing it among a cohort where most publicly traded companies hold zero bitcoin.

The company has positioned itself as a pure-play bitcoin accumulation platform, distinguishing its strategy from mining peers that have shifted resources toward artificial-intelligence data centers. Whether the model rewards shareholders depends on the path of bitcoin and the discipline of the company's spending.

This article is for informational purposes only and does not constitute investment advice.