Eric Trump’s Bitcoin Mining Company Crosses 7,000 BTC Reserve in 2026

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American Bitcoin Corp. crossed 7,000 BTC successful its firm treasury connected Sunday, placing the Miami-based miner astatine No. 16 among publically traded companies holding bitcoin globally.

Hut 8-Backed Miner American Bitcoin Corp. Now Holds Over 7,000

The institution (Nasdaq: ABTC) disclosed the milestone via its authoritative X relationship connected Monday, noting it had astir tripled its reserves since listing connected Nasdaq successful September 2025. At bitcoin’s existent terms adjacent $67,500, the holdings are valued astatine astir $473 cardinal to $475 million, according to information from bitcointreasuries.net.

ABTC ended 2025 with astir 5,401 BTC. It crossed 6,000 BTC successful mid-February 2026, reached astir 6,500 BTC by aboriginal March, climbed to astir 6,899 BTC by mid-March, and present exceeds 7,000 BTC. The institution said its satoshis-per-share metric has much than doubled since its Nasdaq debut.

Eric Trump's Bitcoin Mining Company Crosses 7,000 BTC Reserve successful  2026Image source: bitcointreasuries.net connected March 30, 2026.

About one-third of the holdings travel from self-mining operations. The remaining two-thirds bespeak strategical open-market purchases. The institution runs astir 89,000 miners crossed a fleet delivering astir 28.1 EH/s of hashrate aft purchasing 11,298 caller ASICs successful aboriginal March 2026.

Majority-owned by Hut 8 Corp., ABTC went nationalist done a merger with Gryphon Digital Mining. Co-founder and Chief Strategy Officer Eric Trump has promoted the firm’s attack of holding mined and purchased bitcoin alternatively than selling it, describing the institution arsenic gathering America’s bitcoin infrastructure backbone.

ABTC present ranks conscionable up of Galaxy Digital, which holds astir 6,894 BTC, connected the BitcoinTreasuries.net leaderboard. The institution has added to its reserve astatine a faster complaint than respective larger holders, contempt operating arsenic a comparatively caller nationalist entity.

ABTC shares roseate modestly up of Monday’s unfastened connected the news. The banal has different mislaid astir 80 to 90 percent of its worth from post-listing highs adjacent $9, trading astir $0.85 to $0.90 arsenic of precocious March 2026.

Eric Trump's Bitcoin Mining Company Crosses 7,000 BTC Reserve successful  2026American Bitcoin shares via tradingview.com connected Monday.

Several factors explicate the decline. The institution has raised superior done at-the-market equity offerings, pushing shares outstanding supra 900 million. Critics person pointed to that dilution arsenic eroding per-share worth adjacent arsenic the BTC reserve climbs.

ABTC besides reported a $59 cardinal nett nonaccomplishment successful Q4 2025, driven by a $227 cardinal non-cash mark-to-market complaint connected its bitcoin holdings nether caller FASB fair-value accounting rules. Bitcoin fell astir 23 percent successful Q4 2025 from its all-time precocious supra $126,000, forcing the insubstantial nonaccomplishment adjacent though ABTC did not merchantability immoderate holdings. Q4 gross reached $78 million, with mining gross margins adjacent 53 percent.

The banal debuted adjacent to the highest of bitcoin’s 2025 run. Lock-up expirations successful precocious 2025 triggered single-day drops of 35 to 39 percent connected dense volume. ABTC carries a beta of approximately 3.8, making it highly delicate to bitcoin terms moves and broader crypto sentiment.

Credit lines from Hut 8 and Two Prime person supported ongoing accumulation. Company enactment has maintained that expanding the bitcoin reserve is the halfway semipermanent worth driver. Board members person purchased shares connected dips.

Analyst consensus sits astatine astir “Hold” with terms targets adjacent $4, though immoderate transportation “Sell” ratings tied to valuation concerns relative to projected currency flows. The banal trades person to a leveraged miner than a nonstop bitcoin proxy.

ABTC said the reserve is “still climbing.”

FAQ 🔎

  • What is American Bitcoin Corp.’s existent bitcoin treasury? American Bitcoin Corp. holds much than 7,000 BTC, valued astatine astir $473 cardinal to $475 cardinal based connected prices adjacent $67,500 arsenic of March 30, 2026.
  • Why is ABTC banal down contempt increasing its bitcoin holdings? ABTC shares person fallen astir 80 to 90 percent from post-listing highs owed to stock dilution from equity offerings, a $227 cardinal non-cash accounting nonaccomplishment successful Q4 2025, and mediocre debut timing adjacent bitcoin’s peak.
  • Who owns American Bitcoin Corp.? Hut 8 Corp. holds a bulk stake successful ABTC, and Eric Trump serves arsenic co-founder and Chief Strategy Officer, with Donald Trump Jr. besides progressive successful the company.
  • How does ABTC accumulate bitcoin? About one-third of holdings travel from self-mining operations moving astir 89,000 ASICs astatine 28.1 EH/s, with the remainder sourced from open-market bitcoin purchases.
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