American Bitcoin, the Trump-backed, majority-owned subsidiary of crypto mining firm Hut 8, has added 1,414 BTC to its stash. At bitcoin’s current price of $115,483, that amount is worth approximately $163.5 million. This latest purchase brings the firm’s total holdings to 3,865 BTC, demonstrating its commitment to growing its balance sheet with digital assets.  Enhancing Investor Transparency To improve transparency for shareholders, the company will now report a metric called Satoshis Per Share (SPS). SPS reveals the amount of Bitcoin tied to each outstanding share. The calculation multiplies the company’s total Bitcoin holdings by 100 million, then divides by the number of shares outstanding. This metric gives investors insight into their indirect ownership of Bitcoin via their equity in the company. “We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share. As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings,” Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin, said.  American Bitcoin is a publicly traded mining company; thus, each treasury decision it makes carries weight. When a miner holds the coins it produces instead of selling them, it signals confidence in Bitcoin’s long-term value. Furthermore, the company shared that mining its own Bitcoin lets it lower its average cost per coin.  That cost advantage is designed to give shareholders greater potential upside than companies that only purchase open-market Bitcoin. The strategy relies on the belief that compounding Bitcoin value per share can become a long-term competitive edge for investors. Additionally, the firm’s connection to the Trump family gives it extra visibility, stirring both investor interest and closer regulatory attention. Strategy Purchases $43.4M Worth of Bitcoin Similarly, Strategy, the world’s largest corporate holder of Bitcoin, disclosed that it purchased 390 BTC for approximately $43.4 million. The company acquired the coins at an average price of $111,053 per Bitcoin.  According to a recent filing, the company sold 175,634 STRF shares, 191,404 STRK shares, and 87,462 STRD shares, raising $43.4 million to fund its latest Bitcoin purchase. As a result, Strategy now holds 640,808 BTC, valued at about $47.44 billion based on the acquisition cost. It also achieved a bitcoin yield of 26.0% year-to-date as of 2025. The post Trump Family-Backed Miner American Bitcoin Acquires 1,414 BTC appeared first on CoinTab News.American Bitcoin, the Trump-backed, majority-owned subsidiary of crypto mining firm Hut 8, has added 1,414 BTC to its stash. At bitcoin’s current price of $115,483, that amount is worth approximately $163.5 million. This latest purchase brings the firm’s total holdings to 3,865 BTC, demonstrating its commitment to growing its balance sheet with digital assets.  Enhancing Investor Transparency To improve transparency for shareholders, the company will now report a metric called Satoshis Per Share (SPS). SPS reveals the amount of Bitcoin tied to each outstanding share. The calculation multiplies the company’s total Bitcoin holdings by 100 million, then divides by the number of shares outstanding. This metric gives investors insight into their indirect ownership of Bitcoin via their equity in the company. “We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share. As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings,” Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin, said.  American Bitcoin is a publicly traded mining company; thus, each treasury decision it makes carries weight. When a miner holds the coins it produces instead of selling them, it signals confidence in Bitcoin’s long-term value. Furthermore, the company shared that mining its own Bitcoin lets it lower its average cost per coin.  That cost advantage is designed to give shareholders greater potential upside than companies that only purchase open-market Bitcoin. The strategy relies on the belief that compounding Bitcoin value per share can become a long-term competitive edge for investors. Additionally, the firm’s connection to the Trump family gives it extra visibility, stirring both investor interest and closer regulatory attention. Strategy Purchases $43.4M Worth of Bitcoin Similarly, Strategy, the world’s largest corporate holder of Bitcoin, disclosed that it purchased 390 BTC for approximately $43.4 million. The company acquired the coins at an average price of $111,053 per Bitcoin.  According to a recent filing, the company sold 175,634 STRF shares, 191,404 STRK shares, and 87,462 STRD shares, raising $43.4 million to fund its latest Bitcoin purchase. As a result, Strategy now holds 640,808 BTC, valued at about $47.44 billion based on the acquisition cost. It also achieved a bitcoin yield of 26.0% year-to-date as of 2025. The post Trump Family-Backed Miner American Bitcoin Acquires 1,414 BTC appeared first on CoinTab News.

Trump Family-Backed Miner American Bitcoin Acquires 1,414 BTC

2025/10/28 00:20

American Bitcoin, the Trump-backed, majority-owned subsidiary of crypto mining firm Hut 8, has added 1,414 BTC to its stash. At bitcoin’s current price of $115,483, that amount is worth approximately $163.5 million. This latest purchase brings the firm’s total holdings to 3,865 BTC, demonstrating its commitment to growing its balance sheet with digital assets. 

Enhancing Investor Transparency

To improve transparency for shareholders, the company will now report a metric called Satoshis Per Share (SPS). SPS reveals the amount of Bitcoin tied to each outstanding share. The calculation multiplies the company’s total Bitcoin holdings by 100 million, then divides by the number of shares outstanding. This metric gives investors insight into their indirect ownership of Bitcoin via their equity in the company.

American Bitcoin is a publicly traded mining company; thus, each treasury decision it makes carries weight. When a miner holds the coins it produces instead of selling them, it signals confidence in Bitcoin’s long-term value. Furthermore, the company shared that mining its own Bitcoin lets it lower its average cost per coin. 

That cost advantage is designed to give shareholders greater potential upside than companies that only purchase open-market Bitcoin. The strategy relies on the belief that compounding Bitcoin value per share can become a long-term competitive edge for investors. Additionally, the firm’s connection to the Trump family gives it extra visibility, stirring both investor interest and closer regulatory attention.

Strategy Purchases $43.4M Worth of Bitcoin

Similarly, Strategy, the world’s largest corporate holder of Bitcoin, disclosed that it purchased 390 BTC for approximately $43.4 million. The company acquired the coins at an average price of $111,053 per Bitcoin. 

According to a recent filing, the company sold 175,634 STRF shares, 191,404 STRK shares, and 87,462 STRD shares, raising $43.4 million to fund its latest Bitcoin purchase. As a result, Strategy now holds 640,808 BTC, valued at about $47.44 billion based on the acquisition cost. It also achieved a bitcoin yield of 26.0% year-to-date as of 2025.

The post Trump Family-Backed Miner American Bitcoin Acquires 1,414 BTC appeared first on CoinTab News.

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BitcoinEthereumNews2025/09/20 01:55