American Bitcoin Corp has rapidly climbed the ranks of corporate Bitcoin holders, now sitting among the top 20 globally, just months after going public. Key TakeawaysAmerican Bitcoin Corp has rapidly climbed the ranks of corporate Bitcoin holders, now sitting among the top 20 globally, just months after going public. Key Takeaways

Trump-Backed American Bitcoin Climbs to 5,843 BTC

2026/01/28 05:06

American Bitcoin Corp has rapidly climbed the ranks of corporate Bitcoin holders, now sitting among the top 20 globally, just months after going public.

Key Takeaways

  • American Bitcoin now holds 5,843 BTC, ranking 18th among public companies.
  • The firm’s Bitcoin yield reached 116 percent since its Nasdaq debut on September 3, 2025.
  • Eric Trump confirmed the milestone, highlighting ABTC’s rapid ascent past companies like GameStop and ProCap.
  • Despite strong Bitcoin accumulation, ABTC stock remains down over 70 percent in the last six months.

What Happened?

American Bitcoin Corp (ABTC), co-founded by Eric Trump and backed by Donald Trump Jr., has quickly become a major corporate holder of Bitcoin. Just under five months after its public launch, the company has accumulated 5,843 BTC, placing it 18th among publicly traded firms in terms of Bitcoin reserves.

Bitcoin Reserves Surge Since Public Debut

Since its Nasdaq debut on September 3, 2025, ABTC has pursued an aggressive accumulation strategy, adding more than 1,800 BTC in just a few months. The company reported a Bitcoin yield of approximately 116 percent, indicating significant growth in holdings through both mining and purchases.

  • As of January 25, 2026, ABTC’s reserves total 5,843 BTC.
  • The total value of its Bitcoin holdings is approximately $514 million, based on current market prices.
  • The company climbed from 30th to 18th place among corporate Bitcoin holders in under five months.

Overtaking Industry Names

ABTC’s swift climb has seen it surpass several established firms, including:

  • DeFi Technologies
  • Capital B
  • Bitcoin Group SE
  • GameStop Corp.
  • ProCap Financial
  • Nakamoto Inc.
  • Next Technology Holding Inc.

This momentum puts ABTC in striking distance of Galaxy Digital Holdings, a major player in the space.

Corporate Structure and Ownership

American Bitcoin was formed following a merger with Gryphon Digital Mining and a spinoff from Hut 8’s mining division. Hut 8 retains an estimated 80 percent stake, while the Trump family holds about 20 percent. Since becoming an independent public company, ABTC has focused on expanding its mining capacity and using its Nasdaq presence to access flexible funding.

Stock Performance Lags Behind BTC Growth

Despite the company’s Bitcoin accumulation, ABTC stock has underperformed. Key stats include:

  • Down approximately 13 percent year-to-date.
  • Dropped over 71 percent in the last six months.
  • Brief bounce in premarket trading after the Bitcoin purchase news, reaching $1.52, but quickly returned to $1.51 as markets opened.

The stock’s weakness is partially attributed to Bitcoin’s recent price fluctuations, which dipped below $86,000 in the same timeframe.

ABTC’s accumulation strategy mirrors a broader trend among Bitcoin miners that increasingly treat BTC as a long-term asset on their balance sheets rather than liquidating it for cash flow. This approach gains relevance as market volatility pushes many investors toward safer assets like bonds and precious metals.

Currently, Bitcoin trades around $89,232, with a 24-hour volume of $40 billion and a global market cap of $1.76 trillion. The cryptocurrency is about 1 percent below its weekly high.

Btc Price 27th JanImage Credit – CoinGecko.com

CoinLaw’s Takeaway

In my experience, most Bitcoin miners slowly build reserves over years. What ABTC has done in just five months is staggering. I found their ability to climb from the 30th to 18th position in global rankings especially impressive, especially while the stock market hasn’t rewarded them yet. This shows a deep belief in the long-term value of Bitcoin. While their share price is still catching up, the company’s infrastructure and BTC-focused vision could become a model for others. Keep an eye on this one.

The post Trump-Backed American Bitcoin Climbs to 5,843 BTC appeared first on CoinLaw.

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