American Bitcoin Tops 7,000 BTC as Trump Family Eyes Expanded Crypto Returns
American Bitcoin, a Bitcoin (BTC) mining company, has lifted its holdings to more than 7,000 BTC, valued at over $467 million at the time of writing based on a BTC price of $66,754. After previously adding 416 BTC, the firm now ranks as the world's 16th-largest publicly traded Bitcoin treasury.
The latest total represents 186.53% growth from the 2,443 BTC it disclosed when it went public in September 2025. American Bitcoin uses a two-pronged approach to build its reserves: mining and direct purchases. With roughly $360 million invested, the company's average cost basis is $51,428 per Bitcoin, implying an unrealized gain of $15,040 per BTC.
Eric Trump highlighted the milestone in a March 30, 2026 post, noting the company had reached the 7,000+ BTC level in under seven months since its Nasdaq debut.
American Bitcoin is among a group of publicly traded firms increasing BTC exposure despite market consolidation below $70,000. Strategy bought more than 23,000 BTC this month before pausing its 13-week buying streak. 21 Capital and Metaplanet have also been accumulating, largely through purchases made in 2025. Empery Digital has continued to pursue Bitcoin investments as well, recently raising $1.3 billion for that purpose.
In contrast, miners including MARA Holdings, Bitdeer Technologies, and Cipher Digital have sold Bitcoin to fund shifts toward AI and more traditional investment instruments. Tesla has kept its 11,509 BTC position unchanged for several quarters, with no recent buying or selling. The divergence reflects different views on near-term versus long-term profitability.
Market reaction was muted. American Bitcoin shares (Nasdaq: ABTC) closed at $0.79, down 8.14% on the day and nearly 88% below its post-IPO price of $14.52, according to MarketWatch. The company posted a $153.2 million loss in 2025, widening from a $21.3 million loss a year earlier, despite a 159% year-over-year increase in revenue.