American Bitcoin (ABTC), a mining and treasury firm tied to the Trump family, now holds more bitcoin than Mike Novogratz’s Galaxy Digital (GLXY).
The company owns 6,899 BTC, worth about $491 million, edging past Galaxy’s 6,894 BTC to become the 16th largest public holder of the asset, according to data from BitcoinTreasuries.net.
firms compete to build large bitcoin reserves. At the top remains Michael Saylor’s Strategy (MSTR) with 761,068 BTC. It is followed by Marathon Digital (MARA) and Jack Mallers’ Twenty One Capital.
Other major holders include Bullish (BLSH), CoinDesk’s parent company, Coinbase (COIN) and Tesla (TSLA). American Bitcoin’s rise also underscores the growing role of Trump-affiliated entities in the market.
Trump Media & Technology (DJT), the company linked to U.S. President Donald Trump, holds 9,542 BTC.
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