American Bitcoin added 500 BTC to bring its total holdings to 8,000 BTC, a level the company says makes it the world’s 16th-largest public corporate Bitcoin holder. The Trump family-backed company, co-founded with Hut 8, is building a Bitcoin treasury strategy while also advancing a Nasdaq listing move. Alongside the purchase, it approved a 1-for-15 reverse stock split that would reduce outstanding shares from about 1.09 billion to about 73 million, a step typically used to support exchange-listing requirements. The company’s stock is down about 60%, complicating how investors assess the significance of the treasury buildup.