Trump’s Bitcoin Surge Elevates Treasury

The company known as American Bitcoin, which is connected to the Trump family, has recently taken a bold step by acquiring more bitcoin to expand its treasury. This decision demonstrates its long-term belief in bitcoin as the foundation of its business model. American Bitcoin, under the guidance of Eric Trump and Donald Trump Jr., has purchased 1,414 bitcoin in a new investment round, adding to its growing collection of bitcoin assets. With this acquisition, the company now holds 3,865 bitcoin, solidifying its place as a major bitcoin accumulator in the American financial sector.

The transaction, worth approximately $163 million, underscores a strong commitment to bitcoin accumulation. The total value of American Bitcoin’s treasury now exceeds $445 million, reflecting the company’s aggressive expansion in the bitcoin economy. Eric Trump, who serves as chief strategy officer, emphasized that the goal is to boost the bitcoin-per-share ratio — a key measure of shareholder value tied directly to the strength of bitcoin holdings. According to him, the success of a bitcoin-based company depends on how much bitcoin supports each share in circulation.

American Bitcoin was officially formed in March, when mining firm Hut 8 took a majority stake by contributing bitcoin mining hardware in exchange for equity. Since then, American Bitcoin has evolved into a vertically integrated organization, combining bitcoin mining operations with treasury management focused solely on bitcoin. The company’s latest bitcoin acquisition came shortly after its Nasdaq debut in early September, marking another milestone in its rapid bitcoin-driven growth.

During its first day of trading, the stock rose over 16%, though trading was temporarily halted several times due to volatility connected to bitcoin price movements. The company’s public listing followed a merger with Gryphon Digital Mining, a bitcoin mining firm. The merger, approved by shareholders, allowed the company to trade under the ticker symbol “ABTC” while keeping the American Bitcoin name intact. Before the merger, Gryphon’s stock had already surged by 230%, driven by enthusiasm over the future of bitcoin integration.

Political attention toward the Trump family’s involvement with digital assets, especially bitcoin, continues to grow. President Trump’s connection with the bitcoin and crypto sector has raised concerns among lawmakers about conflicts of interest and potential political influence. His recent pardon of Binance founder Changpeng “CZ” Zhao, who pleaded guilty to breaking U.S. anti-money-laundering laws, reignited accusations of favoritism and corruption tied to bitcoin and broader cryptocurrency circles. Democratic Representative Maxine Waters condemned the pardon, claiming that Trump was offering benefits to bitcoin-linked figures to enrich himself.

Analysts have also noted that Trump’s renewed political prominence aligns with a surge in his personal wealth. The Trump family has openly acknowledged that a significant portion of their fortune now stems from digital asset ventures, particularly bitcoin. Eric Trump has stated that their bitcoin-related profits may exceed one billion dollars, underscoring their belief in bitcoin’s long-term value.

As American Bitcoin continues to expand its bitcoin treasury, the company exemplifies how corporations are increasingly viewing bitcoin as a critical treasury reserve asset. Every major move — from acquisitions to mergers and political debates — seems to revolve around bitcoin. The story of American Bitcoin illustrates a new era where bitcoin serves as both a financial tool and a symbol of power.