Tag Archives: American Bitcoin

Trump-Backed American Bitcoin Secures Spot In Elite Corporate Crypto Circle

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According to BitcoinTreasuries.net, American Bitcoin Corp now holds 6,039 BTC, placing the firm among the top 20 public corporate Bitcoin treasuries in the world. That number is big on its face. It also carries more questions than answers for anyone who follows both crypto and small-cap stocks. Fast Accumulation Through Mining And Purchases Reports note… Continue reading Trump-Backed American Bitcoin Secures Spot In Elite Corporate Crypto Circle→

American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack

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American Bitcoin Corp. reported a fresh addition to its Bitcoin reserve after buying 416 BTC, bringing its total holdings to around 4,783 coins. According to company disclosures and market reports, American Bitcoin (NASDAQ: ABTC) acquired about 416 BTC in the week ending December 8, increasing its on-balance stash to roughly 4,783 BTC. The purchase came… Continue reading American Bitcoin Makes Big Buy, Adds 416 BTC To Its Stack→

Eric Trump Says Bitcoin Could Hit $500,000, Stands By ABTC Strategy

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According to interviews with Eric Trump and ABTC Executive Chairman Asher Genoot, American Bitcoin (ABTC) has structured its business around one clear aim: add more Bitcoin to its balance sheet. The firm says it spends less on big management teams and more on mining and buying Bitcoin so each share holds more Bitcoin over time.… Continue reading Eric Trump Says Bitcoin Could Hit $500,000, Stands By ABTC Strategy→

Trump’s Bitcoin Mining Firm Gets $100M+ Boost From Scaramucci Family: Report

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AJ Scaramucci’s family has put more than $100 million into a Bitcoin mining company backed by US President Donald Trump’s sons, according to reporting on the deal. The cash came through Solari Capital, the firm led by AJ Scaramucci, and was part of a larger $220 million pre-IPO financing in July. Funding Round And Backers… Continue reading Trump’s Bitcoin Mining Firm Gets $100M+ Boost From Scaramucci Family: Report→

Bitcoin To Eclipse Gold, Eric Trump Says—Calling BTC The ‘Greatest Asset’ Ever

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According to remarks made at Yahoo Finance’s Invest event, Eric Trump told attendees he expects a major shift in how money flows between traditional stores of value and newer digital assets. He said Bitcoin’s fixed supply of 21 million coins and growing institutional buying are key drivers. In a separate interview with Fox Business in… Continue reading Bitcoin To Eclipse Gold, Eric Trump Says—Calling BTC The ‘Greatest Asset’ Ever→

Trump’s Sons’ Venture, American Bitcoin, Achieves Profitability In Q3–A Closer Look

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In the latest financial report, American Bitcoin (ABTC), co-founded by Eric Trump and Donald Trump Jr., has announced significant profits for the third quarter (Q3) of the year. The company, operating as a miner and buyer of the world’s largest digital asset, experienced a profit boost due to improved margins. American Bitcoin Surpasses Previous Earnings… Continue reading Trump’s Sons’ Venture, American Bitcoin, Achieves Profitability In Q3–A Closer Look→

Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC

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American Bitcoin, the Nasdaq-listed mining and treasury firm backed by Eric Trump and Donald Trump Jr., has raised its Bitcoin stash to 4,000 BTC, worth about $415 million, according to a company announcement released Friday. The firm purchased nearly 170 BTC between October 24 and November 5, a haul valued at more than $14 million… Continue reading Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC→

Trump-Backed American Bitcoin Targets Asian Companies For Strategic BTC Acquisitions

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American Bitcoin, the recently established mining company backed by Donald Trump Jr. and Eric Trump, is actively seeking opportunities to acquire companies in Asia to bolster its Bitcoin (BTC) reserves.  According to a report by the Financial Times, sources familiar with the matter indicated that the company aims to purchase a publicly listed firm in… Continue reading Trump-Backed American Bitcoin Targets Asian Companies For Strategic BTC Acquisitions→