The Trump family’s crypto mining company American Bitcoin makes another move: ABTC invests $38 million to increase Bitcoin holdings

American Bitcoin, a US-based company co-founded by Eric Trump, recently executed a large-scale strategic purchase, increasing its holdings by 4,168 Bitcoin at a cost of $38 million, bringing its total reserve to 4,783 Bitcoin. This move not only highlights the company’s firm commitment to its Bitcoin reserve strategy but also propels it to the 22nd position in the global listed company Bitcoin holdings ranking. Meanwhile, Strive Asset Management announced a $500 million financing plan to purchase Bitcoin, along with net capital inflows into multiple Bitcoin spot ETFs, collectively marking that as Bitcoin prices stabilize near $92,000, institutional investor interest continues to heat up.

American Bitcoin makes a major purchase of 4,168 Bitcoin

On December 10, American Bitcoin executed a key asset allocation operation, purchasing 4,168 Bitcoin with a total capital of $38 million. According to disclosed information, the average cost per Bitcoin was approximately $91,346. This transaction is not an isolated act but part of its ongoing long-term strategy of accumulating Bitcoin. The company’s goal is to become one of the “largest and fastest-growing Bitcoin accumulators” in the open market, and this recent increase underscores that objective.

After the transaction, ABTC’s financial reserves were significantly strengthened. According to data from the authoritative tracking site Bitcoin Treasuries, this Nasdaq-listed company now holds a total of 4,783 Bitcoin, with a current market value of about $440 million. These assets include not only the company’s own reserves but also Bitcoin held in custody or pledged for the purchase of mining equipment under agreements with mining giant BITMAIN. This holdings volume places it ahead of well-known companies such as Gamestop and HIVE Digital Technologies, ranking 22nd among publicly listed companies by Bitcoin holdings.

To give investors a more intuitive view of its Bitcoin reserve value, ABTC updated its “Satoshis per Share” metric, used to measure the amount of Bitcoin per share of common stock in circulation. Notably, within just over a month, the company’s SPS increased by over 17%, directly reflecting the rapid growth of its Bitcoin assets relative to equity shares.

Key Data on ABTC’s Recent Increase

Purchase Date: December 10, 2025

Quantity Purchased: 4,168 Bitcoin

Total Cost: approximately $38 million

Average Price per Bitcoin: approximately $91,346

Total Holdings: 4,783 Bitcoin (ranked 22nd among global listed companies)

Total Holding Value: approximately $440 million (based on current market price)

Eric Trump and ABTC’s Wall Street Journey

ABTC is not an ordinary mining company; it shines with the Trump family name. Eric Trump, co-founder and Chief Strategy Officer, publicly stated after this purchase that since going public on Nasdaq about three months ago, the company has established one of the largest and fastest-growing Bitcoin reserves systems. He emphasized that the company will continue to advance its Bitcoin reserve strategy to generate long-term value for investors. Notably, Trump’s eldest son, Donald Trump Jr., also participated in the company’s investments.

The company’s shareholder background reads like an “all-star lineup.” As early as July this year, before going public through a reverse merger, ABTC completed a $220 million funding round led by Solari Capital, founded by AJ, son of Anthony Scaramucci. Although Anthony himself briefly served in former President Trump’s administration and later became a critic, this did not affect his family’s capital support for this “Trump family company.” Other investors include motivational speaker Tony Robbins, Cardano founder Charles Hoskinson, and other notable figures, demonstrating the project’s strong resource attraction.

However, market reactions have been somewhat mixed. Following the announcement of the increase, ABTC’s stock rose slightly by 1.5% on Tuesday. But over a longer timeframe, its stock performance has not been optimistic. Data from Google Finance shows a 19.42% decline over the past five days and more than 50% decline over the past month. This likely reflects market pricing of the high volatility associated with Bitcoin mining stocks, as well as concerns related to the company’s previously released Q3 financial report. Despite significant year-over-year revenue improvements this quarter, market sentiment still appears to be digesting the high correlation between its business outlook and Bitcoin prices.

Rising institutional interest and Bitcoin market stabilization

American Bitcoin’s large purchase is a microcosm of current institutional re-entry into Bitcoin markets. Industry leader MicroStrategy, led by Michael Saylor, recently completed its largest purchase in months, investing $1 billion to increase its Bitcoin holdings to an astonishing 660,624 BTC. Its average cost was $74,702, with an unrealized profit of 23.11% at current prices. This provides a compelling example for other companies considering adding Bitcoin to their balance sheets.

In addition to direct Bitcoin purchases, there is strong demand in financial products. Asset management firm Strive recently announced a $500 million “market issuance” plan to raise funds via its variable-rate Series A perpetual preferred shares. The firm explicitly stated that the funds would be used to buy Bitcoin and Bitcoin-related products. This approach of raising funds through traditional financial instruments and reallocating into crypto assets is becoming a new trend, broadening avenues for institutional capital to enter the crypto space.

Flow into Bitcoin spot ETFs also confirms this trend. According to data from ETF tracking site SosoValue, US Bitcoin spot ETFs recently recorded a net inflow of $151.74 million. Fidelity’s FBTC and Grayscale’s converted GBTC contributed inflows of $198.85 million and $33.79 million, respectively. Although the largest asset manager BlackRock’s IBIT experienced a net outflow of $135.44 million, overall market inflows suggest investors are using ETFs as a convenient tool to increase Bitcoin exposure.

Against this backdrop, Bitcoin prices have shown rare stability. At the time of writing, Bitcoin’s trading price is about $92,121. Data from CoinMarketCap indicates that its volatility has significantly decreased over the past week, with a seven-day decline of only 0.83%, and a slight 1.12% increase in the past 24 hours. This price stabilization may provide a “comfort zone” for more institutional investors who are watching, reducing concerns caused by market volatility when making decisions.

Why are listed companies favoring Bitcoin reserve strategies?

For companies like American Bitcoin, holding Bitcoin as core reserves is more than just an investment; it is a strategic choice. This strategy, often called “treasurization,” involves converting part of corporate cash reserves into Bitcoin to hedge against fiat currency inflation and pursue long-term capital appreciation. Michael Saylor and his MicroStrategy are the most prominent advocates and practitioners of this approach, whose successful book gains have attracted many imitators.

Implementing a Bitcoin reserve strategy offers multiple potential benefits. First, in a macro inflation environment, Bitcoin is regarded as “digital gold,” with scarcity and anti-inflation properties. Second, holding Bitcoin can enhance a company’s image in innovation and cutting-edge technology fields, attracting certain types of investors and partners. Finally, as Bitcoin becomes more widely accepted within traditional finance systems, its liquidity improves, making large asset allocation and exit strategies more feasible.

Of course, this strategy also carries significant risks and challenges. The sharp price fluctuations of Bitcoin directly impact quarterly earnings and net income. ABTC’s recent stock slump partly reflects this. Additionally, issues such as cryptocurrency accounting treatment, secure custody, and regulatory uncertainties are matters that corporate financial officers must address carefully. However, the continuous accumulation actions by companies like American Bitcoin suggest management believes that long-term gains will outweigh the risks of short-term volatility.

From American Bitcoin’s decisive purchase of 4,168 Bitcoin, to Strategy’s $1 billion level increase, and Strive’s fundraising through traditional financial products entering the crypto market, a series of actions clearly outline a main thread: institutional interest in Bitcoin allocation is transitioning from exploratory to strategic. Although mining stocks face short-term pressure, the expanding ranks and rankings of listed companies’ Bitcoin holdings tell a long-term story about a paradigm shift in assets. When Bitcoin stabilizes above $90,000, it seems to be laying a more attractive stage for the next phase of institutional adoption.