Eric Trump’s American Bitcoin now holds over 4,000 Bitcoin after acquiring 139 more

Key Takeaways

American Bitcoin Corp. now holds 4,004 Bitcoin after acquiring 139 more since October 24.
The firm’s Satoshis Per Share metric elevated by 3.4% in 12 days, reaching 432 as of November 5.

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Nasdaq-listed American Bitcoin, co-owned by President Trump’s sons, continues to scale its Bitcoin accumulation technique, elevating its holdings to 4,004 BTC after acquiring 139 more since October 24, based on a Friday announcement.

The holdings, as of November 5, embody Bitcoin acquired via mining and strategic purchases, in addition to Bitcoin held in custody or pledged for miner purchases underneath an settlement with BITMAIN.

The firm’s Satoshis Per Share metric, which displays the quantity of Bitcoin attributable to every excellent share of widespread inventory, reached 432 as of November 5, representing a 3.4% enhance over 12 days.

“We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases,” mentioned Eric Trump.