Trump-Linked American Bitcoin Reaches 7,000 BTC Milestone as Shares Fall Below $1

American Bitcoin, the Trump-linked bitcoin mining firm co-founded by Eric Trump, announced that its treasury holdings reached 7,000 BTC, valued at roughly $474 million at current prices. The company reported that its bitcoin reserves have grown by more than 35% since the start of 2026, continuing an ongoing accumulation streak.

Last week, the firm said it climbed to the 16th spot among corporate bitcoin holders, surpassing Galaxy Digital. Its “Satoshis per share” metric also rose to 660, more than doubling since its Nasdaq debut in September 2025.

Self-Mining Strategy Expands Holdings Amid Market Pressure

Despite treasury growth, American Bitcoin shares have struggled, falling below the $1 mark and recently trading near $0.84, reflecting a decline of more than 50% year to date.

Unlike companies such as Strategy and Metaplanet, which rely on market purchases, American Bitcoin builds reserves through scaled self-mining operations using expanded ASIC fleets. The company operates as a majority-owned subsidiary of Hut 8, with Donald Trump Jr. listed as a stockholder, while its holdings remain far below Strategy’s 762,099 BTC treasury.

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