Back

American Bitcoin Corp Adds 399 Bitcoin, Raising Holdings to 6,899 BTC

According to The Block, American Bitcoin’s holdings are worth about $492 million and place it ahead of Galaxy Digital at No. 16 in corporate Bitcoin treasury rankings.

BTC

Fact Check
The claim is fully corroborated by a primary news report from CoinDesk and data from BitcoinTreasuries.net. The specific figures (6,899 BTC total, 16th-largest ranking, and surpassing Galaxy Digital) match the evidence exactly. The mining expansion in Alberta is also documented in the same reports.
    Reference: 123
Summary

American Bitcoin said its Bitcoin treasury has risen to about 6,899 BTC, valued at roughly $492 million. According to The Block, that total moves the Trump family-linked firm ahead of Galaxy Digital to No. 16 among corporate Bitcoin holders. The update also states that Trump Media & Technology Group holds about 9,500 BTC, ranking No. 13 among public companies.

Terms & Concepts
  • BTC: The ticker symbol for bitcoin, used to denote holdings or transactions in the cryptocurrency.
  • Bitcoin treasury: A corporate reserve strategy in which a company holds bitcoin on its balance sheet as part of its assets.