HomeCryptoDailyAmerican Bitcoin ($ABTC) Enters Top 20 Public Bitcoin Treasury Companies, Holds 5,098...

American Bitcoin ($ABTC) Enters Top 20 Public Bitcoin Treasury Companies, Holds 5,098 BTC

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Bitcoin Magazine

American Bitcoin ($ABTC) Enters Top 20 Public Bitcoin Treasury Companies, Holds 5,098 BTC

American Bitcoin Corp. (Nasdaq: ABTC) has entered the top 20 publicly traded bitcoin treasury companies by holdings after growing its strategic reserve to approximately 5,098 BTC as of December 14, according to company disclosures.

The Miami-based firm said its bitcoin was accumulated through a combination of in-house mining and strategic market purchases. The total includes bitcoin held in custody as well as BTC pledged as collateral for miner purchases under a supply agreement with hardware manufacturer Bitmain, per the company release

Based on rankings from BitcoinTreasuries.net, the milestone places American Bitcoin among the largest public bitcoin holders globally, just over three months after its Nasdaq listing.

As part of its treasury reporting, the company also highlighted growth in its proprietary Satoshis Per Share (SPS) metric, which measures the amount of bitcoin attributable to each outstanding common share. As of December 8, SPS stood at 507 satoshis per share, representing a more than 17% increase in just over one month.

American Bitcoin is also introducing a new disclosure metric, Bitcoin Yield, which tracks the percentage change in SPS over a defined period. The company said the combined metrics are intended to give investors clearer insight into both per-share bitcoin exposure and how that exposure evolves over time.

“I am incredibly proud of our tremendous growth,” said Eric Trump, co-founder and chief strategy officer of American Bitcoin. “In just over three months since our Nasdaq listing, we have surged past dozens of companies — propelling us into the top 20 publicly traded bitcoin treasury companies.”

Earlier this month, American Bitcoin reported adding roughly 416 BTC in a single week, lifting holdings from approximately 4,783 BTC as of December 8. 

The company said its accumulation strategy prioritizes long-term bitcoin exposure over short-term price movements, supported by an operating model designed to maximize BTC retention.

American Bitcoin ($ABTC) stock struggles

In early December, the American Bitcoin stock (ABTC) plunged more than 50% shortly after markets opened, triggering multiple trading halts and erasing months of speculative gains. 

The stock fell to an intraday low of $1.75 before recovering slightly, though it remained down over 35% at the time of writing. 

The sell-off followed a broader downturn in crypto markets, with bitcoin sliding into the mid-$85,000 range. Nearly $1 billion in leveraged crypto positions were liquidated the day before, worsening already fragile market conditions.

Now, with Bitcoin trading above $87,000, $ABTC shares trade down at $1.61 per share. 

This post American Bitcoin ($ABTC) Enters Top 20 Public Bitcoin Treasury Companies, Holds 5,098 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

  [[{“value”:”Bitcoin Magazine

American Bitcoin ($ABTC) Enters Top 20 Public Bitcoin Treasury Companies, Holds 5,098 BTC
American Bitcoin says they’ve surpassed 5,000 BTC in holdings, ranking among the top 20 public bitcoin treasury companies.
This post American Bitcoin ($ABTC) Enters Top 20 Public Bitcoin Treasury Companies, Holds 5,098 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.”}]]  Read More   Bitcoin Magazine  


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