American Bitcoin Corp. Increases Bitcoin Holdings
American Bitcoin Corp. (ABTC) has acquired 1,414 additional BTC. This raises its total Bitcoin holdings to 3,865 BTC as of October 2025. The total includes Bitcoin held in custody or pledged under an agreement with BITMAIN for miner purchases. The company announced this update via its X account on October 27, 2025.
New Transparency Metric: Satoshis Per Share
ABTC introduced a new metric called Satoshis Per Share (SPS). SPS shows shareholders how much Bitcoin backs each share of the company’s stock. It is calculated by dividing the total Bitcoin holdings, converted into Satoshis, by the total outstanding common shares.
Eric Trump, co-founder and Chief Strategy Officer, said, “One of the most important measures of success is how much Bitcoin backs each share. We are focused on providing transparent updates as we increase our holdings.”
ABTC’s Growth and Mining Operations
Since its NASDAQ debut on September 3, 2025, ABTC’s Bitcoin holdings have grown from 2,465 BTC to 3,865 BTC. The company was founded on March 31, 2025, with no Bitcoin holdings. It has quickly risen to be the 26th largest public Bitcoin treasury company.
Executive Chairman Asher Genoot highlighted that ABTC’s Bitcoin comes from both purchases and mining. He added, “Mining allows us to acquire Bitcoin at a heavy discount compared to market prices.”
Genoot explained, “Our integrated mining operations distinguish us from other Bitcoin treasury firms. Producing Bitcoin directly lowers our average cost and creates a cost advantage. This helps us grow Bitcoin value per share more efficiently.”
