Eric Trump-backed American Bitcoin discloses 215 BTC holdings

Key Takeaways

American Bitcoin holds 215 BTC in reserve, working since April 2025.
The corporate companions with Hut 8 and makes use of Bitmain and MicroBt machines.

American Bitcoin, a newly established Bitcoin mining entity backed by Eric Trump and Donald Trump Jr., has revealed that it has gathered 215 BTC since its launch in April. The stash is valued at round $23 million at present market costs.

Stacking extra Bitcoin is a part of the corporate’s core enterprise goal and technique, in response to a June 10 disclosure with the SEC, which incorporates particulars of a proposed merger between Gryphon Digital Mining and American Bitcoin.

“Bitcoin accumulation is just not a facet impact of ABTC’s enterprise. It’s the enterprise,” the corporate said in its disclosure. “ABTC goals to pursue Bitcoin accumulation via environment friendly mining operations, reserve growth, and ecosystem engagement.”

In March, the sons of President Donald Trump entered right into a partnership with Hut 8 to determine American Bitcoin. The entity focuses on enhancing Bitcoin mining capabilities and accumulating BTC as a strategic asset.

In Might, American Bitcoin introduced plans to go public through a stock-for-stock merger with Gryphon Digital Mining. The merger is anticipated to shut as early as Q3 2025, after which the mixed firm will function below the American Bitcoin model and commerce on Nasdaq below the ticker image ABTC.

Along with its Bitcoin reserve, which it categorizes as “Layer 2” in its strategic framework, American Bitcoin’s strategy consists of two different key layers, together with “Construct the Engine” and “Lead the Ecosystem.”

The corporate plans to provide Bitcoin beneath market value via a capital-efficient, infrastructure-light mannequin.

“Bitcoin mining serves as ABTC’s foundational engine for Bitcoin accumulation, not as an finish in itself. ABTC’s Layer 1 technique is designed to maximise long-term Bitcoin possession per greenback of capital deployed, creating what ABTC believes is a sustainable aggressive benefit in below-market Bitcoin manufacturing,” per the submitting.

ABTC makes use of third-party mining swimming pools Foundry and Luxor, with pool charges presently beneath 1% of every day payouts. For asset safety, it employs Coinbase Custody options, relying totally on chilly storage wallets with multi-factor authentication and strict withdrawal protocols.

As soon as it establishes sturdy mining operations and a powerful reserve, ABTC intends to foster the expansion and adoption of the whole Bitcoin community, in response to the submitting.

“ABTC could discover partnerships that facilitate broader Bitcoin adoption whereas sustaining disciplined capital allocation,” American Bitcoin famous.

“ABTC could pursue alternatives to assist protocol improvement, improve community infrastructure, and contribute to Bitcoin’s resilience and adoption in ways in which align with shareholder worth creation,” it added.