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American Bitcoin Hits 7,000 BTC as Trump Family Targets Bigger Crypto Gains

source-logo  coinpedia.org 31 March 2026 00:10, UTC
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Bitcoin ($BTC) mining firm American Bitcoin now holds over 7,000 Bitcoin, worth over $467 million at press time ($BTC price of $66,754). Following a prior accumulation of 416 $BTC, the company is now the 16th-largest publicly traded Bitcoin Treasury in the world. The development also marks 186.53% growth in the company’s holdings, given that it went public with 2,443 $BTC in September, 2025.

American Bitcoin employs a dual accumulation strategy – either mining or buying Bitcoin. With a total investment of around $360 million, the firm’s average cost basis for its reserve is $51,428, indicating an unrealized profit of $15,040 per Bitcoin.

7,000+ Bitcoin secured.

#16 largest public Bitcoin treasury in the world.

All achieved in under 7 months since our Nasdaq debut. 🔥

The accumulation machine is running at full throttle — mining at a discount + disciplined buying. No company is climbing the rankings… https://t.co/8ei0MLV8Od

— Eric Trump (@EricTrump) March 30, 2026

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American Bitcoin $BTC accumulation

American Bitcoin is one of several publicly traded companies that have increased their Bitcoin holdings despite current market uncertainty and consolidation.

Strategy acquired over 23,000 Bitcoin this month before the recent pause of its 13-week streak of purchases. 21 Capital and Metaplanet are other accumulators whose reserves mostly come from purchases made in 2025. Others continue to pursue Bitcoin investments, including Empery Digital, which recently raised $1.3 billion toward this cause.

Differently, miners such as MARA Holdings, Bitdeer Technologies, and Cipher Digital sold their Bitcoin to fund the transition to AI and traditional investment instruments.

Meanwhile, Tesla has maintained a stash of 11,509 $BTC for several quarters with no additional sales or purchases.

These differences in sales and purchases persist due to varying perceptions of near-term and long-term profitability.

Company performance metrics

Despite its latest milestone, American Bitcoin stock (Nasdaq: ABTC) failed to reflect the development, closing at $0.79 (an 8.14% drop from the previous day’s close) and nearly 88% less than its post-IPO price of $14.52.

Source: MarketWatch.

The company also recorded a loss of $153.2 million in 2025, a significant increase from the previous year’s $21.3 million loss, despite a 159% YoY increase in revenue.

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