American Bitcoin boosts holdings by 500 BTC to more than 8,000 BTC
Hut 8’s Nasdaq-listed, Trump family-backed subsidiary said its bitcoin treasury topped 8,000 BTC as ABTC shares rose 7% and a 1-for-15 reverse stock split began trading on a split-adjusted basis July 6.
BTC
Summary
American Bitcoin Corp said its bitcoin treasury exceeded 8,000 BTC after adding 500 BTC, up from about 5,401 BTC at the end of 2025. The Nasdaq-listed company, a majority-owned subsidiary of Hut 8 Corp backed by the Trump family and identified in earlier coverage as Eric Trump’s American Bitcoin, has been building its reserves through mining and direct treasury purchases. Shares of ABTC were up 7% at the time of writing, and the company’s 1-for-15 reverse stock split began trading on a split-adjusted basis on July 6.
Terms & Concepts
- ASIC miners: Specialized machines built to mine bitcoin
- EH/s: Exahashes per second, a measure of mining power
- Reverse stock split: Share consolidation that reduces shares outstanding