Eric Trump’s American Bitcoin acquires 363 BTC
Key Takeaways
American Bitcoin acquired 363 more BTC, bringing its total holdings to 4,367 BTC.
The company is continuing its strategy of accumulating Bitcoin as a digital asset.
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American Bitcoin Corp (ABTC), a Bitcoin-focused firm backed by Eric Trump and Donald Trump Jr., has purchased an additional 363 BTC, according to a Thursday statement.
American Bitcoin has increased its Bitcoin holdings, bringing its total to 4,367 BTC. Strategic accumulation continues. @ABTC pic.twitter.com/RILiwhinm5
— American Bitcoin (@ABTC) December 3, 2025
The company continues its strategic accumulation of the digital asset, now holding 4,367 BTC worth around $405 million at current market prices.
American Bitcoin recently experienced nearly a 40% drop in stock value as a lock-up period ended, allowing early investors to sell their shares. Despite the market reaction, company fundamentals are reportedly strong, according to Eric Trump, who remains invested in the firm.
After a steep selloff earlier in the week, the company’s stock rebounded on Wednesday, closing up 9%. The stock is still off 44% over the five-day stretch, Yahoo Finance data shows.