{"id":70421,"date":"2026-03-30T21:01:59","date_gmt":"2026-03-30T21:01:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/eric-trumps-bitcoin-mining-company-crosses-7000-btc-reserve-in-2026-bitcoin-news\/"},"modified":"2026-03-30T21:01:59","modified_gmt":"2026-03-30T21:01:59","slug":"eric-trumps-bitcoin-mining-company-crosses-7000-btc-reserve-in-2026-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/eric-trumps-bitcoin-mining-company-crosses-7000-btc-reserve-in-2026-bitcoin-news\/","title":{"rendered":"Eric Trump’s Bitcoin Mining Company Crosses 7,000 BTC Reserve in 2026 \u2013 Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
\n<\/p>\n

\n

Hut 8-Backed Miner American Bitcoin<\/span> Corp. Now Holds Over 7,000<\/h2>\n

The company (Nasdaq: ABTC<\/a>) disclosed<\/a> the milestone via its official X account on Monday, noting it had nearly tripled its reserves since listing on Nasdaq in September 2025. At bitcoin<\/span>\u2019s current price near $67,50<\/span>0, the holdings are valued at approximately $473 million to $475 million, according to data from bitcointreasuries.net<\/a>.<\/p>\n

ABTC<\/a> ended 2025 with roughly 5,401 BTC<\/span>. It crossed 6,000 BTC<\/span> in mid-February 2026, reached approximately 6,500 BTC<\/span> by early March, climbed to around 6,899 BTC<\/span> by mid-March, and now exceeds 7,000 BTC<\/span>. The company said its satoshis-per-share metric has more than doubled since its Nasdaq debut.<\/p>\n

Image source: bitcointreasuries.net on March 30, 2026.<\/figcaption><\/figure>\n

About one-third of the holdings come from self-mining operations. The remaining two-thirds reflect strategic open-market purchases. The company runs roughly 89,000 miners across a fleet delivering approximately 28.1 EH\/s of hashrate<\/a> after purchasing 11,298 new ASICs in early March 2026.<\/span><\/p>\n

Majority-ow<\/span>ned by Hut 8 Corp., ABTC went public through a merger with Gryphon Digital Mining. Co-founder and Chief Strategy Officer Eric Trump<\/a> has promoted the firm\u2019s approach of holding mined and purchased bitcoin<\/span> rather than selling it, describing the company as building America\u2019s bitcoin<\/span> infrastructure backbone.<\/p>\n

ABTC now ranks just ahead of Galaxy Digital<\/a>, which holds approximately 6,894 BTC<\/span>, on the BitcoinTreasuries.net leaderboard. The company has added to its reserve at a faster rate than several larger holders, despite operating as a relatively new public entity.<\/p>\n

ABTC shares rose modestly ahead of Monday\u2019s open on the news. The stock has otherwise lost approximately 80 to 90 percent of its value from post-listing highs near $9, trading around $0.85 to $0.90 as of late March 2026.<\/span><\/p>\n

\"Eric
American Bitcoin<\/span> shares via tradingview.com on Monday.<\/figcaption><\/figure>\n

Several factors explain the decline. The company has raised capital through at-the-market equity offerings, pushing shares outstanding above 900 million. Critics have pointed to that dilution as eroding per-share value even as the BTC<\/span> reserve climbs.<\/span><\/p>\n

ABTC also reported a $59 million net loss in Q4 2025, driven by a $227 million non-cash mark-to-market charge on its bitcoin<\/span> holdings under new FASB fair-value accounting rules. Bitcoin<\/span> fell roughly 23 percent in Q4 2025 from its all-time high above $126,000, forcing the paper loss even though ABTC did not sell any holdings. Q4 revenue reached $78 million, with mining gross margins near 53 percent.<\/span><\/p>\n

The stock debuted close to the peak of bitcoin<\/span>\u2019s 2025 run. Lock-up expirations in late 2025 triggered single-day drops of 35 to 39 percent on heavy volume<\/span>. ABTC carries a beta of approx<\/span>imately 3.8, making it highly sensitive to bitcoin<\/span> price moves and broader crypto<\/span> sentiment.<\/p>\n

Credit lines from Hut 8 and Two Prime have supported ongoing accumulation. Company leadership has maintained that expanding the bitcoin<\/span> reserve is the core long-term value driver. Board members have purchased shares on dips.<\/p>\n

Analyst consensus<\/a> sits at roughly \u201cHold\u201d with price targets near $4, though some carry \u201cSell\u201d ratings tied to valuation concerns relative to projected cash flows. The stock trades closer to a leveraged miner than a direct bitcoin<\/span> proxy.<\/span><\/p>\n

ABTC said the reserve is \u201cstill climbing.\u201d<\/span><\/p>\n

FAQ \ud83d\udd0e<\/h2>\n