American Bitcoin Corp Surpasses 7,000 BTC in Holdings as Stock Declines 94% from Post-IPO Peak

American Bitcoin Corp (ABTC), the Bitcoin mining firm associated with the Trump family, has increased its total Bitcoin holdings to more than 7,000 BTC valued at approximately $471 million, nearly tripling its treasury since its Nasdaq debut in September 2025, while its stock has declined 94% from a post-IPO peak of $14.52.

The company reported a net loss of $59 million in Q4 2025, reflecting a sharp reversal from profitability in the prior year, as Bitcoin traded approximately 50% below its all-time high.

American Bitcoin Expands Treasury to 7,000 BTC through Mining and Purchases

American Bitcoin currently holds 7,000 BTC, ranking 16th among publicly traded Bitcoin holders globally according to bitcointreasuries.net. The company went public in May 2025 with approximately 2,443 BTC in its treasury and has since nearly tripled that figure through two channels: direct market purchases and Bitcoin mined through its own operations.

The firm has more than doubled its satoshis per share metric, which tracks Bitcoin holdings relative to total shares outstanding. Co-founder Eric Trump stated that the accumulation machine is running at full throttle through mining at a discount plus disciplined buying, adding that no company is climbing the rankings faster.

American Bitcoin has been expanding its mining operations, purchasing over 11,000 ASIC machines in March 2026 to boost hashrate capacity. The company plans to scale its fleet toward approximately 89,000 rigs and 28 EH/s, focusing on self-mining BTC at lower costs rather than relying primarily on market purchases. The company reports operating at a 53% mining margin, indicating profitability from its mining operations despite broader market volatility.

ABTC Stock Declines 94% amid Operational Losses and Bitcoin Price Correction

ABTC shares have dropped nearly 88% over the past six months and currently trade near $0.81, retesting levels last seen in April 2025. The stock peaked at $14.52 on September 3, 2025 during its opening-day surge, when trading was halted seven times due to price volatility. Shares have declined approximately 94% from that peak.

The company reported a net loss of more than $59 million in Q4 2025, a sharp reversal from a $3.49 million profit in the same period the prior year. Revenue for the quarter was $78.3 million, up from $64.2 million a year earlier, with full-year revenue of $185.2 million. A $227 million non-cash mark-to-market loss contributed to the quarterly loss, driven by Bitcoin’s 23% price decline during the period.

The firm ended 2025 with 5,401 BTC and has since grown holdings above 6,000 BTC through mining and open-market purchases. The company stated that approximately one-third of its Bitcoin holdings came from mining operations, with the remainder from acquisitions.

American Bitcoin Formed through Merger with Hut 8 and Gryphon Digital Mining

American Bitcoin was formed when the Trump brothers merged their private entity with publicly traded miner Hut 8, then gained its Nasdaq listing through a stock-for-stock deal with Gryphon Digital Mining. Hut 8 supports American Bitcoin and has expanded credit facilities to $400 million, alongside a $200 million revolving line from Two Prime, strengthening liquidity.

Industry peers including MARA and Riot have been diversifying into AI infrastructure, while American Bitcoin remains focused on Bitcoin mining and treasury accumulation. Co-founder Eric Trump has stated that major US banks including JPMorgan Chase, Bank of America, and Wells Fargo are lobbying in Washington to restrict higher-yield crypto and stablecoin products through legislation such as the CLARITY Act, aiming to protect traditional banking profits.

Bitcoin traded at approximately $66,844 at the time of the announcement, nearly 50% below its all-time high of $126,199 set in October 2025. Whether growing Bitcoin reserves will translate into share price recovery depends on how investors weigh treasury accumulation against ongoing operational losses and broader market conditions.

FAQ

How much Bitcoin does American Bitcoin Corp hold?

American Bitcoin holds more than 7,000 BTC valued at approximately $471 million, ranking 16th among publicly traded Bitcoin holders globally. The company has nearly tripled its holdings since its Nasdaq debut in May 2025.

What is the stock performance of American Bitcoin since its IPO?

ABTC shares have declined approximately 94% from their post-IPO peak of $14.52 reached in September 2025. The stock currently trades near $0.81, reflecting ongoing market pressure despite the company’s growing Bitcoin treasury.

How does American Bitcoin acquire Bitcoin?

The company acquires Bitcoin through two channels: direct market purchases and Bitcoin mined through its own operations. Approximately one-third of its holdings come from mining, with the remainder from acquisitions. The company operates at a 53% mining margin and has purchased over 11,000 ASIC machines to expand its hashrate capacity.