Trump Brothers' American Bitcoin Hits BTC Milestone as Stock Falls to Lowest Price Since IPO
Yahoo Finance·2026-03-30 16:52
American Bitcoin Corp, the publicly traded Bitcoin mining firm co-founded by Eric Trump and Donald Trump Jr., eclipsed 7,000 BTC in holdings—or around $471 million worth—as shares in the firm (ABTC) sank nearly 4% to $0.82, its lowest point since its IPO. The firm said it has approximately tripled its Bitcoin holdings since its public debut and has more than doubled its “satoshis per share,” a metric which tracks its Bitcoin holdings compared to shares outstanding. That metric utilizes Bitcoin’s smallest u ...