American Bitcoin increases reserves to 5.427 BTC, ABTC stock jumps over 6%

TapChiBitcoin
BTC0,57%
SPS1,01%

American Bitcoin, a company backed by the Trump family, has increased its total Bitcoin reserves to over 5,427 BTC, according to confirmation on January 5th. As a result, this enterprise has become the 19th largest publicly traded company holding Bitcoin, with a market capitalization of approximately $1.65 billion.

The additional Bitcoin amounting to 329 BTC comes from mining activities and strategic purchases, including BTC held in custody or used as collateral under an agreement with BITMAIN. Since listing on Nasdaq on September 3rd until January 2nd, 2026, American Bitcoin has achieved a BTC Yield of nearly 105%. The company also introduced a new Bitcoin Yield index, supplementing the Satoshis Per Share (SPS), which has now increased to 556.

Along with Bitcoin’s surge past $93,000, ABTC shares have risen more than 6%, trading around $1.89. American Bitcoin has now surpassed ProCap Financial and KindlyMD in Bitcoin holdings.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin falls below 74,000 USDT, with an intraday decline of 1.22%

Gate News reports that on March 17, according to market data, Bitcoin fell below 74,000 USDT, currently trading at 73962.36 USDT, with a daily decline of 1.22%.

GateNews5m ago

BTC Rally Chasing: Giant Whale Liquidated Three Times in Short Period, Scale Approximately $14.5 Million

On March 17th, BTC pulled back after a brief rally higher. An address experienced three successive large liquidations due to holding highly leveraged long positions, with cumulative losses of approximately $10.7 million. The address still holds long positions totaling as much as $30.3 million, and liquidation risk is intensifying.

GateNews9m ago

Trump Urges Fed to Cut Rates 'Immediately' Ahead of March FOMC Meeting as Bitcoin Tops $74,000

U.S. President Donald Trump intensified pressure on Federal Reserve Chair Jerome Powell on March 16, 2026, calling for an immediate interest rate cut and suggesting the central bank hold a "special meeting" to reduce rates, despite market pricing indicating a 99% probability that rates will remain unchanged at the March 17-18 Federal Open Market Committee (FOMC) meeting.

CryptopulseElite17m ago

Bitcoin Surges Toward $75,000: $600 Million Short Liquidations Drive Rally, ETF Inflows Emerge as Key Variable

On March 17, Bitcoin tested the 75,000 US dollar level driven by short liquidations, briefly reaching 75,653 US dollars before retreating. This rally was accompanied by massive liquidations totaling approximately 609 million US dollars in 24 hours, with shorts accounting for a significant proportion. Market sentiment has recovered somewhat, with capital inflows into spot demand and ETF support driving Bitcoin's rally. Future price movements will be influenced by sustained capital inflows and macroeconomic data.

GateNews28m ago

Pi Coin 86% Rally Reverses as Technical Signals Point to Further Decline

Pi Coin surged approximately 86% between February 28 and March 13, 2026, reaching nearly $0.30 before reversing sharply to trade near $0.20, as bearish divergence between price and the Relative Strength Index (RSI) signaled fading momentum.

CryptopulseElite30m ago
Comment
0/400
No comments