{"id":5217,"date":"2025-10-27T14:16:24","date_gmt":"2025-10-27T14:16:24","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/27\/trump-backed-american-bitcoin-adds-1414-bitcoin-amid-u-s-expansion\/"},"modified":"2025-10-27T14:16:24","modified_gmt":"2025-10-27T14:16:24","slug":"trump-backed-american-bitcoin-adds-1414-bitcoin-amid-u-s-expansion","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/27\/trump-backed-american-bitcoin-adds-1414-bitcoin-amid-u-s-expansion\/","title":{"rendered":"Trump-Backed American Bitcoin Adds 1,414 Bitcoin Amid U.S. Expansion"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Trump-Backed American Bitcoin Adds 1,414 Bitcoin Amid U.S. Expansion<\/a><\/p>\n

<\/div>\n

American Bitcoin Corp. (Nasdaq: ABTC), a Trump family\u2013backed mining platform<\/a>, has expanded its Bitcoin holdings to 3,865 bitcoin, adding 1,414 bitcoin since September through a combination of mining production and secondary market purchases.<\/p>\n

The Miami-based firm, which describes itself<\/a> as \u201cAmerica\u2019s Bitcoin infrastructure backbone,\u201d said the latest accumulation includes coins held in custody and those pledged for miner purchases under its ongoing procurement deal with Bitmain.\u00a0<\/p>\n

The update continues a rapid expansion trajectory that began earlier this year when Hut 8 spun out its U.S. mining arm as a separate, publicly traded entity.<\/p>\n

American Bitcoin<\/a> initially held around 500 BTC at the time of the carve-out, then purchased another 1,726 BTC between July and August for approximately $205 million.\u00a0<\/p>\n

Those holdings were pledged to Bitmain as collateral<\/a> for a $314 million order of 16,299 Antminer U3S21EXPH units \u2014 nearly the full 15 EH\/s option under the companies\u2019 strategic supply agreement. Most of those machines will be hosted at Hut 8\u2019s new Vega site in Texas, a 400-megawatt facility central to American Bitcoin\u2019s push toward 25 EH\/s of proprietary hashrate.<\/p>\n

\u201cWe believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share,\u201d said Eric Trump, co-founder and chief strategy officer. \u201cAs part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings.\u201d<\/p>\n

\n

JUST IN: Trump Family-backed BTC miner American Bitcoin acquires 1,414 Bitcoin.<\/p>\n

They now hold 3,865 Bitcoin pic.twitter.com\/21dgPKboOG<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 27, 2025<\/a>\n<\/p><\/div>\n

Executive Chairman Asher Genoot added that American Bitcoin\u2019s integrated mining model allows it to lower its average cost per Bitcoin compared with treasury-style vehicles that buy on the open market.\u00a0<\/p>\n

\u201cThat structural advantage allows us to compound Bitcoin value per share more efficiently for our investors,\u201d he said.<\/p>\n

Shares of ABTC have been volatile since their September debut, rising 11% on Friday to close at $5.62 after recovering from midweek lows below $5.\u00a0<\/p>\n

The company, valued around $5.1 billion, remains one of the most closely watched plays in the sector \u2014 both for its aggressive expansion plans and its deep ties to the Trump family.<\/p>\n

At the time of writing, the stock is trading at $5.83 and Bitcoin is trading<\/a> at $115,000 after a couple of tumultuous weeks.\u00a0\u00a0<\/p>\n

Gryphon, American Bitcoin merger<\/h2>\n

Earlier this year, Gryphon Digital Mining merged<\/a> with American Bitcoin Corp., the Trump family\u2013backed subsidiary of Hut 8, to form what they claim could become the most efficient pure-play Bitcoin miner in the industry.\u00a0<\/p>\n

The all-stock merger saw Gryphon shareholders own about 2% of the combined entity and American Bitcoin stakeholders hold 98%.<\/p>\n

The merger, now finalized, provides American Bitcoin with a faster route to public markets and combines Gryphon\u2019s mining technology with American Bitcoin\u2019s capital strength and large-scale reserve strategy.<\/p>\n

This post Trump-Backed American Bitcoin Adds 1,414 Bitcoin Amid U.S. Expansion<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Trump-Backed American Bitcoin Adds 1,414 Bitcoin Amid U.S. Expansion American Bitcoin Corp. (Nasdaq: ABTC), a Trump family\u2013backed mining platform, has expanded its Bitcoin holdings to 3,865 bitcoin, adding 1,414 bitcoin since September through a combination of mining production and secondary market purchases. The Miami-based firm, which describes itself as \u201cAmerica\u2019s Bitcoin infrastructure backbone,\u201d […]<\/p>\n","protected":false},"author":0,"featured_media":5218,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5217","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5217"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5218"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}