ABTC Stock Bounces as Trump-Backed American Bitcoin Boosts Reserves to 5,843 BTC

The Trump-backed firm added 416 Bitcoin, lifting reserves to 5,843 BTC worth about $514 million. ABTC Stock price moved higher in premarket trading today, after American Bitcoin disclosed a fresh Bitcoin purchase, although the stock is still down year-to-date (YTD). 

American Bitcoin Expands BTC Reserve, ABTC Stock Briefly Rises

As per ABTC disclosure, the reserves carry an estimated value of $514 million. The disclosure covered purchases completed before January 25, 2026. Furthermore, the company also reported a BTC yield of about 116% since its Nasdaq debut on September 3, 2025. 

Following the announcement, the ABTC Stock rose in premarket trading to $1.52, according to Yahoo Finance, rebounding from yesterday’s loss, after closing at around $1.51. The crypto stock is still down over 13% year-to-date (YTD), a development that follows Bitcoin’s latest decline to as low as $86,000. The stock has also given back all these gains since the market opened and is now trading flat at around $1.51. 

Source: Yahoo Finance

Following its latest Bitcoin purchase, American Bitcoin now ranks as the 18th largest Bitcoin treasury company, according to BitcoinTreasuries data. The Trump-backed company highlighted that, in under five months since their Nasdaq debut, they have climbed from the 30th to the 18th among public Bitcoin treasury companies.

Eric Trump Reacts To Latest Feat

Eric Trump, who co-founded the company, also commented on this feat, stating that American Bitcoin has “sprinted past company after company” even as they lead the charge in building America’s Bitcoin infrastructure faster than anyone. He added that Mike Novogratz’s Galaxy Digital is next as they look to climb up the rankings among BTC treasury companies.

It is worth noting that the Bitcoin miner currently ranks among companies such as Nakamoto Inc., Anthony Pompliano’s ProCap, and GameStop. However, as CoinGape reported, GameStop may no longer be classified as a Bitcoin treasury company, as the retailer recently transferred all its BTC holdings to Coinbase, hinting at a potential sell-off.

Meanwhile, the ABTC stock has underperformed despite American Bitcoin’s BTC accumulation since its Nasdaq debut. The stock is down over 71% in the last six months. Bitcoin’s decline over this period has also likely contributed to the underperformance.

Source: https://coingape.com/news/stocks/abtc-stock-bounces-as-trump-backed-american-bitcoin-boosts-reserves-to-5843-btc/