
According to Eric Trump, American Bitcoin climbed to 20th place among public Bitcoin reserve firms in 39 days, surpassing four rivals including Gemini and GameStop.
American Bitcoin, backed by Eric Trump, reached 5,098 BTC holdings by December 14, 2024, becoming the 20th largest public Bitcoin reserve company in just 39 days. The firm’s growth included surpassing Gemini on November 5 with 4,004 BTC, GameStop on December 8 with 4,783 BTC, Procap on December 11 with 5,044 BTC, and Semlar Scientific on December 14. This rapid accumulation follows its earlier December purchase lifting holdings from 4,931 BTC to above 5,000 BTC after going public in September via a reverse merger with Gryphon Digital Mining.