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Trump-Backed American Bitcoin Accumulates Over 8,000 BTC

Guavy AI Editorial Team
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BTC
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American Bitcoin, the NASDAQ-listed mining company partly owned by Eric Trump and Donald Trump Jr., has been aggressively accumulating Bitcoin through both mining operations and direct market purchases.

The firm's treasury now holds over 8,000 BTC, positioning it alongside other corporate heavyweights that have made Bitcoin accumulation a core business strategy.

In Q1 2026 alone, American Bitcoin mined roughly 817 BTC and purchased around 803 BTC at an average price of approximately $76,000 per coin.

The company raised $220 million in June 2025 to fund its expansion, with the capital earmarked for buying more Bitcoin and upgrading mining equipment.

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