- Trump sons’ ABTC firm reveals $23M Bitcoin reserve post-launch.
- ABTC shifts from mining to holding Bitcoin as core strategy.
- Global companies increasingly adopt Bitcoin for treasury and strategic reserves.
American Bitcoin, a mining company backed by U.S. President Donald Trump’s eldest sons, Eric Trump and Donald Trump Jr., has quietly built a significant Bitcoin reserve. Since its official launch on April 1, 2025, the company, which is formally known as ABTC, owns 215 Bitcoin that are now valued at more than $23 million. On June 6, the company informed the U.S. Securities and Exchange Commission (SEC) that its latest action represented an effort to start acquiring digital assets for the long term.
ABTC Shifts from Mining to Bitcoin Treasury Strategy
The first intent of ABTC was to take part in traditional Bitcoin mining. Still, the recent SEC filing reveals that the company is not only working on mining. ABTC prefers to hold Bitcoin over time. The company states that its reserve is a basic strategic asset. It is being handled with flexibility to help the company’s balance sheet and enhance long-term profit for its shareholders.
ABTC pointed out that, concerning Bitcoin, there are no set targets for accumulating tokens. It will therefore keep a close watch on how the monetary policy affects the economy. When the market looks good, the firm intends to raise extra funds for the purpose of buying more Bitcoin. Because of this method, ABTC is not like companies that only involve themselves in mining and trading cryptocurrency.
ABTC has more than 60,000 mining machines working at present. Bitmain and MicroBT make some of the devices. The company has mining facilities in New York, Alberta, and Texas that it operates. The Bitcoin found through mining is given based on how much a mining machine contributes to the activity in the Foundry and Luxor pools.
To ensure safety, ABTC keeps its Bitcoin in cold wallets by storing it with Coinbase Custody. To make them secure, these wallets use multifactor authentication and strict rules for pulling out funds. By doing this, the security of assets is increased, and they are not at risk from cyberattacks.
More Firms Turn to Bitcoin for Financial Strategy
As another development, ABTC revealed on May 12, 2025, that it will seek a public listing. This will take place via a deal whereby one company supplies shares for the other. Once the merger is complete, the company will use the name American Bitcoin and be listed on Nasdaq with a ticker “ABTC” in third quarter of 2025. As a result of the move, the company’s impact in digital finance may be greater.
Surprisingly, Bitcoin is gaining popularity among corporate assets among many companies. After Kidd and a group acquired Know Labs Inc., a new medical firm, the group decided to start a Bitcoin treasury. In the same way, K Wave Media in South Korea plans to start holding Bitcoin once it completes its $500 million securities offering.
Moreover, GameStop, famous for the meme stock boom, said in March 2025 that it now holds Bitcoin in its treasury. Every member of the board voted in favor of the decision, showing that companies are starting to integrate digital assets into their finance.
Overall, the ABTC’s public reserve disclosure is in line with a bigger market trend. A lot of companies globally are now using Bitcoin as part of their treasury plans. When digital money grows in popularity, big companies are expected to pay more attention to Bitcoin.
