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American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack

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American Bitcoin Corp. reported a fresh addition to its Bitcoin reserve after buying 416 BTC, bringing its total holdings to around 4,783 coins.

According to company disclosures and market reports, American Bitcoin (NASDAQ: ABTC) acquired about 416 BTC in the week ending December 8, increasing its on-balance stash to roughly 4,783 BTC. The purchase came from a combination of mined coins and selective market acquisitions, the company said.

American Bitcoin Boosts Holdings

The cash value of the latest pick-up was roughly in the $38 million range when reported, based on market prices at the time. That addition places the firm among the larger corporate BTC holders and increases the amount of Bitcoin the company holds for treasury purposes.

Reports have linked the buying to the firm’s stated strategy of growing its reserve alongside ongoing mining operations.

Shares Slide While Reserves Grow

While the balance sheet shows accumulation, the stock has struggled. Since ABTC’s market debut in September, shares have fallen by more than 70% from earlier highs, and the company has faced volatile trading as lock-up periods and market swings played out.

American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack - ExpertFX School

Some analysts continue to cover the name, but investors watching the share price have been cautious even as the firm expanded its Bitcoin holdings.

Mining, Custody And Pledges

Based on reports, the newly reported total includes coins held in custody and some that are pledged under agreements tied to miner purchases. The company noted that a portion of its BTC comes directly from mining operations while other pieces were bought on the market.

That mixed supply route means not all additions are simple open-market buys; some are internal production converted to treasury stock.

Satoshis Per Share And What Investors See

According to the company’s latest breakdown, its Satoshis Per Share (SPS) metric rose as a result of the accumulation, giving investors a clearer read on how much Bitcoin each share represents.

The metric is being used by some market watchers to compare ABTC’s treasury strength against other public firms. Analysts have pointed to the SPS figure in their notes while also flagging the stock’s recent pressure.

Family Backing And Public Profile

American Bitcoin was launched with backing from the Trump family and other partners, and the firm’s public profile has been higher than many peers because of that link.

Reports have highlighted the involvement of Eric Trump and Donald Trump Jr., while also referring to US President Donald Trump as part of the broader family context that has helped draw attention to the business.

Featured image from Unsplash, chart from TradingView

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