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Eric Trump’s Bitcoin Mining Company Crosses 7,000 BTC Reserve in 2026

By bitcoin.com
Mar 31, 2026
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Hut 8-Backed Miner American Bitcoin Corp. Now Holds Over 7,000
Image source: bitcointreasuries.net on March 30, 2026.

ABTC shares rose modestly ahead of Monday’s 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.

American Bitcoin shares via tradingview.com on Monday.

ABTC said the reserve is “still climbing.”

FAQ What is American Bitcoin Corp.’s current bitcoin treasury? American Bitcoin Corp. holds more than 7,000 BTC, valued at approximately $473 million to $475 million based on prices near $67,500 as of March 30, 2026. Why is ABTC stock down despite growing its bitcoin holdings? ABTC shares have fallen roughly 80 to 90 percent from post-listing highs due to share dilution from equity offerings, a $227 million non-cash accounting loss in Q4 2025, and poor debut timing near bitcoin’s peak. Who owns American Bitcoin Corp.? Hut 8 Corp. holds a majority stake in ABTC, and Eric Trump serves as co-founder and Chief Strategy Officer, with Donald Trump Jr. also involved in the company. How does ABTC accumulate bitcoin? About one-third of holdings come from self-mining operations running roughly 89,000 ASICs at 28.1 EH/s, with the remainder sourced from open-market bitcoin purchases.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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