Bitcoin Treasury Hits 7K as American Bitcoin Stock Plummets Below $1

American Bitcoin has reached 7,000 Bitcoins in its treasury, marking a significant milestone for the company. The holdings are worth approximately $474 million at current prices, representing a rise of more than 35% since January 2026.

This achievement sets American Bitcoin apart from other corporate Bitcoin holders, with the company now ranking 16th among publicly listed firms in terms of its Bitcoin holdings. Strategy holds the top spot, with 762,099 Bitcoins valued at over $51 billion.

The company's treasury has grown through mining rather than open-market purchases, a strategy that allows American Bitcoin to lower its acquisition cost per coin. This approach is distinct from other firms like Strategy and Metaplanet, which buy Bitcoin directly on the market.