American Bitcoin Holdings Hit 6,899 BTC, Surpasses Galaxy Digital in Rankings

American Bitcoin has expanded its bitcoin reserves to approximately 6,899 BTC, moving up to the 16th position among public companies holding the digital asset. The increase follows a recent addition of 399 BTC, building on its earlier reported holdings of around 6,500 BTC.

The milestone was highlighted by Eric Trump, who noted that the firm has now surpassed Galaxy Digital in bitcoin treasury rankings. At current market prices near $71,000, the company’s holdings are valued at roughly $492 million.

Mining Strategy Drives Bitcoin Accumulation

Unlike many treasury focused firms, American Bitcoin has leaned heavily on mining to grow its reserves. The company recently acquired 11,298 ASIC mining machines to expand operations and accumulate bitcoin below spot market prices.

Position Among Major Bitcoin Holders

Tracking data shows Trump Media & Technology Group, the operator of Truth Social, holds about 9,500 BTC, ranking 13th among public companies. Launched in March 2025, American Bitcoin operates as a subsidiary of Hut 8, focusing on large-scale mining and long-term bitcoin reserve development.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.