Bitcoin Updates: Trump-Associated Bitcoin Move: Expansion Opportunity or High-Risk Gamble?
- Trump-backed American Bitcoin Corp. acquires 1,414 BTC, boosting holdings to 3,865 BTC ($446M) via mining and purchases. - The firm's "Satoshis Per Share" metric rose 52% to 418, reflecting strategic cost-reduction through integrated mining operations. - ABTC shares surged 11.5% post-announcement but later retreated, mirroring crypto market volatility and valuation debates. - Analysts question sustainability of Bitcoin accumulation strategies if prices fall below acquisition costs, despite $5.29B market
Bitcoin Bulls Change Tactics as Trump-Associated Treasury Company Acquires 1,414 BTC
Headquartered in Miami,
After merging with Canadian mining company Gryphon Digital Mining earlier this year, the firm has implemented a two-pronged approach: mining Bitcoin and making direct purchases, aiming to lower its average acquisition cost. "By generating Bitcoin ourselves, we gain a cost advantage over those who only buy on exchanges," stated Asher Genoot, executive chairman of American Bitcoin, highlighting the benefits of their integrated mining strategy, according to the PR Newswire release. The company now reports a "Satoshis Per Share" (SPS) figure—calculated by multiplying total Bitcoin holdings by 100 million (the number of Satoshis in one BTC) and dividing by the number of shares—to enhance transparency for shareholders, the release noted.
Following the recent purchase, SPS climbed to 418, marking a 52% rise since September 1, 2025, according to the PR Newswire release. Eric Trump, who serves as co-founder and chief strategy officer, described SPS as a vital metric for Bitcoin accumulation platforms, saying, "The Bitcoin amount supporting each share is a key indicator of our advancement." The company’s stock (ABTC) jumped 11.5% to $6.26 after the news, before pulling back to $5.57 as the broader crypto market shifted, as reported by a
American Bitcoin’s assertive accumulation approach is similar to that of industry leader MicroStrategy, which has invested over $73 billion to collect 640,808 BTC, according to a
The company’s association with the Trump family has attracted both interest and skepticism. While the political link has generated short-term excitement, some investors are cautious about its prospects over the long run. "The valuation offers potential, but future results will be decisive," one analyst commented, as cited by Crypto.news. Meanwhile, the company’s shares have experienced considerable volatility, mirroring the broader crypto market and economic uncertainties, according to a Yahoo Finance article.
As Bitcoin bulls adjust their strategies in a competitive treasury environment, American Bitcoin’s blend of mining and targeted acquisitions makes it a notable example of institutional Bitcoin accumulation. With more than 200 public and private Bitcoin treasury companies now active, the competition to secure digital assets is continuing to transform the cryptocurrency landscape, the Yahoo Finance report concluded.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tokenized Deposits and Stablecoins: Competing for the Future of Blockchain-Based Finance
- Omid Malekan criticizes tokenized deposits for limited flexibility and interoperability compared to stablecoins, which offer cross-platform utility and 1:1 reserves. - Standard Chartered forecasts a $2 trillion RWA market by 2028, driven by DeFi growth and stablecoin liquidity, with Ethereum dominating due to its reliability and ecosystem. - Regulatory clarity, especially in the U.S., remains a critical challenge, with Standard Chartered warning of potential delays before 2026 midterm elections. - The de

Dogecoin News Today: Contrasting Paths: Dogecoin's Institutional Expansion Against Shiba Inu's Foundational Challenges
- Dogecoin gains institutional traction via T. Rowe Price's SEC-approved ETF, signaling growing confidence in meme coins with liquidity and community. - Shiba Inu struggles with structural issues: Shibarium's TVL fell below $1M, daily transactions dropped 99%, and utility deficits persist despite token burns. - Crypto markets shift toward utility-driven assets like AI compute and DePIN, leaving meme coins competing against projects with verifiable use cases. - SHIB's community pushes for AI integration but

Brazil’s OranjeBTC Shifts Strategy as Argentina Seizes $515M in Digital Assets

Ethereum News Update: Ethereum Value Drops Sharply While Institutions Increase $13.2B Investment Threefold
- BitMine Immersion Technologies, co-founded by Tom Lee, now holds 3.3M ETH ($13.2B), the largest public Ethereum reserve, signaling institutional confidence in its financial infrastructure role. - Ethereum ETFs saw $246M net inflows on Oct 28, with Fidelity and ARK leading, as total inflows reached $14.73B—5.76% of total ETH supply—despite recent volatility. - Ethereum fell 5.5% to $3,800 amid $81M ETF outflows, but institutions like SharpLink continue investing in Ethereum-based projects like Linea, show
