Backed by Eric Trump and Donald Trump Jr., American Bitcoin (ABTC) announced the acquisition of 1,414 BTC for about $163 million on Monday. This takes their total holdings to about 3,865 BTC as of October, the company disclosed via a press release. The latest reserve addition confirms that the firm’s dual strategy of mining operations and strategic purchases is aimed at building bitcoin-per-share value.
With the newly added bitcoin, American Bitcoin’s treasury value reportedly exceeds $445 million based on current BTC valuations. American Bitcoin recently merged with Gryphon Digital Mining, listing on Nasdaq under the ticker ABTC in early September 2025. The company’s goal is to accumulate bitcoin on its balance sheet while deploying mining capacity to reduce the cost per coin. According to the company, expanding mining operations enhances its “structural cost advantage” over peers who rely solely on market purchases.
Regular sharing of Satoshi’s per share
Interestingly, the company also informed shareholders that it will start sharing regular updates on a key metric called Satoshis Per Share (SPS), which shows how much Bitcoin backs each share of its stock. To calculate SPS, the company multiplies its total Bitcoin holdings by 100 million (the number of Satoshis in one Bitcoin), then divides that by the number of shares it has. This gives investors a clearer picture of how much Bitcoin they indirectly own through their shares.
“We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share,” said Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin. “As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings.
Stock reacts to latest acquisition
Following the announcement, ABTC stock saw early gains in pre-market trade, up over 1.5% and trading near $6.07 levels, after gaining over 6% in the previous session. Investors will have to watch out for how the company’s treasury builds and then translates into bitcoin-per-share growth and profitability.
Source: Yahoo Finance