American Bitcoin Corp (Nasdaq: ABTC) has moved its treasury to over 8,000 bitcoins, the company He said. The total represents an increase from about 5,401 BTC at the end of 2025, a gain of close to 50% in six months.
The company, a majority-owned subsidiary of Hut 8 Corp and backed by the Trump family, said its bitcoin reserves and bitcoin price per share have increased nearly three-fold since its debut on the Nasdaq. Co-founder Eric Trump framed growth as disciplined and expansive.
American Bitcoin It builds its portfolio through two channels: mining production and treasury purchases. In the first quarter of 2026, the company mined 817 bitcoins and added 1,620 bitcoins to its reserves, an increase of about 30 percent in three months. This pace continued into the summer.
Mining capacity has grown to match the Treasury’s ambitions. In March, the company deployed 11,298 ASIC miners to its site in Drumheller, Alberta, a move that raised capacity by about 12 percent and added 3.05 exahashes/second. The cost of mining one bitcoin fell to about $36,200 in the first quarter, down 23 percent from $46,900 in the previous quarter.
The financial picture remains mixed. American Bitcoin I mentioned A net loss of $81.8 million for the first quarter on revenue of $62.1 million, a result that reflects a broader decline in the cryptocurrency market and the heavy spending behind its expansion.
US Bitcoin stock reverse split
The company also reshaped its share structure. A 1-for-15 reverse stock split entered into force 5:00pm on July 2, with shares trading on a split basis as of July 6. Shareholders approved this measure at the annual meeting held on June 22.
This strategy distinguishes US Bitcoin from the mining industry, which has diverted resources towards artificial intelligence data centers. Instead of pivoting, the company has doubled down on its efforts to mine Bitcoin and accumulate Treasuries, a bet that ties its wealth to the price of the assets it accumulates.
With over 8,000 bitcoins, the US currency Rows Among the largest corporate asset holders, its portfolio has, at some points, surpassed that of Galaxy Digital.
The company positions itself as a pure Bitcoin accumulation platform, a structure that gives public investors exposure to both mining production and reserve growth.
Whether the model rewards shareholders depends on Bitcoin’s trajectory and the company’s spending discipline. For now, the Treasury continues to rise.
ABTC shares are up 7% at the time of writing.
