$8.3B Bitcoin War Chest: American Bitcoin Aims for US Supremacy

American Bitcoin is celebrating its second year on Nasdaq with an impressive update. The company now holds 8,300 $BTC and operates nearly 90,000 mining machines, according to a recent post by co-founder Eric Trump on X.

Trump highlighted the company's record quarterly production and gross margins near 50%, which is a testament to its unique business model focused on accumulating Bitcoin through production. This strategy allows American Bitcoin to build its reserve at operating costs below Bitcoin's market value, giving it a distinct position among corporate treasury vehicles.

The latest reserve figure represents an increase from the roughly 8,000 $BTC reported by the company at the end of June. Despite significant pressure on ABTC shares and a 1-for-15 reverse stock split completed in July, American Bitcoin's strong mining margins and continued reserve growth support its long-term strategy.