Business
American Bitcoin Acquires 1,414 Bitcoin and Increases Strategic Reserve to 3,865 Bitcoin
MIAMI, Oct. 27, 2025 /PRNewswire/ -- American Bitcoin Corp. (Nasdaq: ABTC) ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on
About this update from American Bitcoin Corp.
[{"type":"text","content":"\n MIAMI, Oct. 27, 2025 /PRNewswire/ -- American Bitcoin Corp. (Nasdaq: ABTC) (\"American Bitcoin\" or the \"Company\"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, has acquired approximately 1,414 Bitcoin. As of October 24, 2025, the Company held approximately 3,865 Bitcoin acquired through Bitcoin mining and strategic purchases, which includes Bitcoin held in custody or pledged for miner purchases under an agreement with BITMAIN.\n \n \n \n \n \n \n \n As part of its ongoing commitment to providing investors with visibility into shareholder value, American Bitcoin will now provide periodic updates to Satoshis Per Share (\"SPS\"), a metric that represents the amount of Bitcoin attributable to each outstanding share of the Company's common stock. SPS is calculated by multiplying the Company's total Bitcoin holdings by the Satoshi conversion ratio (1 Bitcoin equals 100,000,000 Satoshis), then dividing that total by the number of shares of the Company's common stock outstanding as of the measurement date. This measure provides shareholders with insight into their indirect ownership of Bitcoin through their equity in the Company.\n \"We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share,\" said Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin. \"As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings.\" \n \"What sets American Bitcoin apart from most traditional Bitcoin treasury vehicles is our integrated mining operations,\" said Asher Genoot, Executive Chairman of American Bitcoin. \"By producing Bitcoin directly, we can reduce our average cost per Bitcoin to drive a cost advantage over vehicles that buy exclusively on the open market. That structural advantage allows us to compound Bitcoin value per share more efficiently for our investors.\"\n \n Satoshis Per Share (SPS)1, 2, 3, 4\n \n \n \n \n \n \n \n \n \n As of October 24, 2025 \n \n \n \n \n % Change (September 1 to October 24, \n \n \n 2025)\n \n \n \n \n \n \n Satoshis Per Share \n \n \n \n \n 418\n \n \n \n \n 52 %\n \n \n \n \n \n \n \n Bitcoin Reserve2, 3, 4\n \n \n \n \n \n \n \n \n \n Accumulated from September 1 \n \n \n to October 24, 2025\n \n \n \n \n As of Octob...