American Bitcoin Corp. has just made its big move, acquiring a cool 1,414 bitcoins, bringing its total haul to a whopping 3,865 BTC. And no, it’s not a typo – they really are accumulating that much! As of October 24, 2025, it’s clear: Bitcoin is here to stay (and grow). 🍕💸
Eric Trump Gushes Over American Bitcoin’s Expansion, Says ‘We’re Just Getting Warmed Up’ 😎🔥
So, Miami-based American Bitcoin Corp. (trading as ABTC)-which, by the way, is not just another tech startup but one with some serious Trump-family backing-has been building the foundation for America’s very own Bitcoin infrastructure. The company has just secured even more BTC through mining and some strategic purchases, and guess what? Some of them are even pledged under an agreement with Bitmain. 💼💥
Eric Trump, the man himself (yes, the son of the former President), has declared that transparency is key when it comes to shareholder value. How? Well, they’ve introduced a totally innovative metric called “Satoshis Per Share” (SPS) to show how much Bitcoin backs each ABTC share. “We’re just getting warmed up,” Eric Trump said on X, and we can already hear the yuge excitement. 🏆🔮
And just in case you were wondering, Executive Chairman Asher Genoot is also onboard, calling the company’s hybrid model a game-changer. Instead of just buying Bitcoin like every other company, they’re actually mining it, reducing their costs and setting themselves up for a competitive advantage. Genius, right? 🧠✨
Want in on all the action? American Bitcoin plans to update its SPS regularly via the investor portal and their social media. Talk about transparency! 📲💡
The company, listed on Nasdaq under ABTC, isn’t just messing around. They’re combining self-mining with disciplined Bitcoin acquisition strategies. And it’s not just them – other companies are following suit. The Bitcoin wave is real, people. 🌊📈
FAQ ⏰
- What is American Bitcoin Corp.?
American Bitcoin is a Bitcoin accumulation platform majority-owned by Hut 8 Corp., focused on U.S.-based Bitcoin infrastructure. 🚀 - How much Bitcoin does American Bitcoin now hold?
The company now holds about 3,865 Bitcoin, thanks to its latest 1,414 BTC acquisition. 😱 - What is the “Satoshis Per Share” metric?
SPS is a new metric that shows how much Bitcoin backs each ABTC share, giving investors a glimpse into their indirect ownership. Pretty fancy, right? 🤓📊 - Who leads American Bitcoin’s strategy?
Eric Trump, co-founder and Chief Strategy Officer, is at the helm, alongside Executive Chairman Asher Genoot. A dynamic duo, if you ask us. 👯♂️
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2025-10-28 00:58