American Bitcoin increases reserves to 5.427 BTC, ABTC stock jumps over 6%

TapChiBitcoin
BTC1,14%
SPS-0,27%

American Bitcoin, a company backed by the Trump family, has increased its total Bitcoin reserves to over 5,427 BTC, according to confirmation on January 5th. As a result, this enterprise has become the 19th largest publicly traded company holding Bitcoin, with a market capitalization of approximately $1.65 billion.

The additional Bitcoin amounting to 329 BTC comes from mining activities and strategic purchases, including BTC held in custody or used as collateral under an agreement with BITMAIN. Since listing on Nasdaq on September 3rd until January 2nd, 2026, American Bitcoin has achieved a BTC Yield of nearly 105%. The company also introduced a new Bitcoin Yield index, supplementing the Satoshis Per Share (SPS), which has now increased to 556.

Along with Bitcoin’s surge past $93,000, ABTC shares have risen more than 6%, trading around $1.89. American Bitcoin has now surpassed ProCap Financial and KindlyMD in Bitcoin holdings.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Rebounds Without Increase in Open Interest, May Still Be Range-Bound

On March 19, when Bitcoin's price declined, open interest (OI) rose instead, showing that short positions increased, with price touching around $68,750. The current rebound lacks new long position support and appears more like range-bound consolidation. Attention should be paid to changes in price and OI.

GateNews7m ago

Over the past 24 hours, the entire network has liquidated $311 million, with long positions accounting for 64% of liquidations.

On March 20, Gate News reported that across the entire network over the past 24 hours, liquidations reached $311 million, with long positions liquidated for $200 million and short positions liquidated for $111 million. Both long and short positions in Bitcoin and Ethereum experienced varying degrees of liquidation, with 103,431 people globally liquidated. The largest single liquidation occurred on the XYZ:GOLD-USD trading pair, valued at $3.675 million.

GateNews47m ago

BTC Breaks Through $72,000, Mainstream CEX Cumulative Short Liquidation Intensity to Reach $590 Million

According to Coinglass data, if Bitcoin breaks through $72,000, short liquidations on mainstream CEX will reach $590 million; if it falls below $70,000, long liquidations will reach $275 million. The liquidation chart reflects the intensity of market impact, not the precise number of liquidation contracts.

GateNews1h ago

BTC breaks through $71,000, 24-hour gain of 1.23%

Gate News, on March 20, according to Gate market data, BTC/USDT is now trading at $71006.6, with a 24-hour increase of 1.23%.

GateNews1h ago

BTC Breaks Through 71,000 USDT

Gate News bot message: Gate market data shows BTC has broken through 71,000 USDT, with the current price at 71,006.6 USDT.

CryptoRadar1h ago
Comment
0/400
No comments