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Fintech– 0
Trump-backed Bitcoin firm expands holdings to 7,000 BTC
CoinDesk·
American Bitcoin (ABTC), a company with ties to the Trump family, has significantly expanded its Bitcoin reserves, reaching 7,000 BTC. This represents a threefold increase in its holdings since its Nasdaq debut in September 2025. The company also reported a substantial rise in satoshis per share, indicating increased Bitcoin exposure for its shareholders. Despite this rapid treasury expansion, ABTC's stock has experienced a notable decline over the past six months, even as its Bitcoin holdings climb and it ranks among the top publicly traded Bitcoin treasuries globally.
Tickers
$BTC-USD
Tags
crypto
fintech
funding
Original Source
CoinDesk — coindesk.com