American Bitcoin Corp raised its BTC treasury to 8,000 BTC on July 6, while its 1-for-15 reverse stock split began trading on a split-adjusted basis on Nasdaq.
Bitcoin News
American Bitcoin Corp has added 500 Bitcoin (BTC) to its treasury, bringing its total holdings to 8,000 BTC, the same day the company's shares resumed trading on a split-adjusted basis following a 1-for-15 reverse stock split.
Source: X
The company is a majority-owned subsidiary of Hut 8 Corp. and was co-founded by Eric Trump, who serves as Chief Strategy Officer, and Donald Trump Jr. It accumulates Bitcoin through a combination of mining and strategic purchases, including the acquisition of 11,298 ASIC miners in March 2026 to expand mining capacity.
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