American Bitcoin, the publicly listed bitcoin accumulation platform backed by the Trump family and developed in partnership with Hut 8, has acquired another 500 BTC.
With the acquisition, the company’s total holdings now stand at 8,000 BTC, or around $480 million at current rates. This puts it in 16th place among publicly listed corporate bitcoin investors.
American Bitcoin shares have dropped more than 60% so far this year, and last week the business proposed a 1-for-15 reverse stock split intended to maintain the price over Nasdaq’s minimum level. The split will shrink the outstanding share count from roughly 1.09 billion to about 73 million.
ABTC shares rose 8.49% to $9.14 during Nasdaq trading on July 6, lifting the company’s market capitalization to approximately $7.33 billion, according to Nasdaq.
As previously reported by 3.0 tv, American Bitcoin posted an $81.8 million net loss in the first quarter of 2026. The loss came as Bitcoin fell 22% during the quarter, which led to a $117.2 million non-cash charge on the company’s digital asset holdings.
8,000+ BTC and rising.
Since our Nasdaq debut:
>3x growth in Bitcoin Reserve
~3x growth in Satoshis per ShareThe mission hasn’t changed. $ABTC pic.twitter.com/rQhLvYa6NI
— American Bitcoin (@ABTC) July 6, 2026
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