Hut 8-Backed Miner American Bitcoin Corp. Now Holds Over 7,000
The corporate (Nasdaq: ABTC) disclosed the milestone through its official X account on Monday, noting it had practically tripled its reserves since itemizing on Nasdaq in September 2025. At bitcoin’s present worth close to $67,500, the holdings are valued at roughly $473 million to $475 million, in response to information from bitcointreasuries.web.
ABTC ended 2025 with roughly 5,401 BTC. It crossed 6,000 BTC in mid-February 2026, reached roughly 6,500 BTC by early March, climbed to round 6,899 BTC by mid-March, and now exceeds 7,000 BTC. The corporate stated its satoshis-per-share metric has greater than doubled since its Nasdaq debut.
About one-third of the holdings come from self-mining operations. The remaining two-thirds mirror strategic open-market purchases. The corporate runs roughly 89,000 miners throughout a fleet delivering roughly 28.1 EH/s of hashrate after buying 11,298 new ASICs in early March 2026.
Majority-owned by Hut 8 Corp., ABTC went public by a merger with Gryphon Digital Mining. Co-founder and Chief Technique Officer Eric Trump has promoted the agency’s strategy of holding mined and bought bitcoin quite than promoting it, describing the corporate as constructing America’s bitcoin infrastructure spine.
ABTC now ranks simply forward of Galaxy Digital, which holds roughly 6,894 BTC, on the BitcoinTreasuries.web leaderboard. The corporate has added to its reserve at a sooner fee than a number of bigger holders, regardless of working as a comparatively new public entity.
ABTC shares rose modestly forward of Monday’s open on the information. The inventory has in any other case misplaced roughly 80 to 90 p.c of its worth from post-listing highs close to $9, buying and selling round $0.85 to $0.90 as of late March 2026.
A number of components clarify the decline. The corporate has raised capital by at-the-market fairness choices, pushing shares excellent above 900 million. Critics have pointed to that dilution as eroding per-share worth even because the BTC reserve climbs.
ABTC additionally reported a $59 million web loss in This autumn 2025, pushed by a $227 million non-cash mark-to-market cost on its bitcoin holdings underneath new FASB fair-value accounting guidelines. Bitcoin fell roughly 23 p.c in This autumn 2025 from its all-time excessive above $126,000, forcing the paper loss regardless that ABTC didn’t promote any holdings. This autumn income reached $78 million, with mining gross margins close to 53 p.c.
The inventory debuted near the height of bitcoin’s 2025 run. Lock-up expirations in late 2025 triggered single-day drops of 35 to 39 p.c on heavy quantity. ABTC carries a beta of approximately 3.8, making it extremely delicate to bitcoin worth strikes and broader crypto sentiment.
Credit score strains from Hut 8 and Two Prime have supported ongoing accumulation. Firm management has maintained that increasing the bitcoin reserve is the core long-term worth driver. Board members have bought shares on dips.
Analyst consensus sits at roughly “Maintain” with worth targets close to $4, although some carry “Promote” rankings tied to valuation considerations relative to projected money flows. The inventory trades nearer to a leveraged miner than a direct bitcoin proxy.
ABTC stated the reserve is “nonetheless climbing.”
FAQ 🔎
What’s American Bitcoin Corp.’s present bitcoin treasury? American Bitcoin Corp. holds greater than 7,000 BTC, valued at roughly $473 million to $475 million based mostly on costs close to $67,500 as of March 30, 2026. Why is ABTC inventory down regardless of rising its bitcoin holdings? ABTC shares have fallen roughly 80 to 90 p.c from post-listing highs as a consequence of share dilution from fairness choices, a $227 million non-cash accounting loss in This autumn 2025, and poor debut timing close to 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 Technique Officer, with Donald Trump Jr. additionally concerned within the firm. How does ABTC accumulate bitcoin? About one-third of holdings come from self-mining operations working roughly 89,000 ASICs at 28.1 EH/s, with the rest sourced from open-market bitcoin purchases.
