American Bitcoin Corp. Surpasses 7,000 BTC Holdings
- American Bitcoin Corp. now holds over 7,000 BTC, valued between $473 million and $475 million.
- The company nearly tripled its reserves since its Nasdaq listing in September 2025.
- Approximately one-third of the holdings are from self-mining operations, with the rest from open-market purchases.
- ABTC operates about 89,000 miners with a hashrate of approximately 28.1 EH/s.
- The company ranks just ahead of Galaxy Digital on the BitcoinTreasuries.net leaderboard.
American Bitcoin Corp., majority-owned by Hut8 Corp., has significantly increased its Bitcoin reserves through both mining and strategic purchases, reaching over $473 million in value as of March end.
Despite this growth, ABTC shares have fallen due to share dilution and accounting losses, but the company continues to focus on expanding its Bitcoin reserve as a long-term strategy.(Source)