American Bitcoin Corp (NASDAQ: ABTC) has significantly expanded its corporate Bitcoin treasury, acquiring 416 BTC in the week ending December 8 to bring its total holdings to approximately 4,783 coins. This strategic accumulation, valued at roughly $38 million at the time of purchase, positions the firm among the larger corporate holders of the cryptocurrency. However, this balance sheet growth starkly contrasts with its stock performance, as shares have plummeted more than 70% from earlier highs since the company’s market debut in September, highlighting a complex divergence between asset accumulation and investor sentiment.
about American Bitcoin Corp Boosts BTC Holdings to 4,783 Amid Stock SlideDonald Trump Jr.
0 posts last weekBitcoin Plunges 33% in 8 Weeks Amid Tech Sell-Off
The cryptocurrency market is weathering a severe storm as Bitcoin and related stocks extend a nearly two-month decline, mirroring a broader retreat from technology assets. Bitcoin has plummeted 33% from its October record, falling below $85,000, while major industry players like Coinbase Global and mining firms post significant daily losses, signaling deep sector-wide pressure.
about Bitcoin Plunges 33% in 8 Weeks Amid Tech Sell-OffPolymarket Wins CFTC Approval for US Return
Polymarket has secured CFTC approval to operate legally in the United States after years of offshore operation. The prediction market platform can now directly onboard American users and brokerages following regulatory clearance. This marks a significant reversal from the company’s 2022 exit from the US market, coming amid a more permissive regulatory approach under the Trump administration and boosted by high-profile investors and major brand partnerships that have driven record trading volumes.
about Polymarket Wins CFTC Approval for US ReturnTrump-Linked Firms Amass $2B in Bitcoin Holdings
Trump-linked companies are executing a coordinated Bitcoin accumulation strategy that has positioned them among the world’s most significant corporate cryptocurrency holders. American Bitcoin, backed by Eric Trump and Donald Trump Jr., has increased its holdings to 4,000 BTC worth $415 million, while Trump Media and Technology Group now controls over 11,500 BTC valued at $1.3 billion. This strategic embrace of Bitcoin as both reserve asset and commercial foundation comes as the Trump family’s various crypto ventures have generated approximately $1 billion in pre-tax gains from token projects including TRUMP, MELANIA, and WLFI.
about Trump-Linked Firms Amass $2B in Bitcoin HoldingsTrump-Backed Bitcoin Miner Expands Treasury to 4,004 BTC
American Bitcoin (ABTC), the Nasdaq-listed mining company backed by Eric Trump and Donald Trump Jr., has significantly expanded its Bitcoin holdings to 4,004 BTC worth approximately $415 million, positioning itself as the 25th largest Bitcoin treasury globally. This strategic accumulation comes through a dual approach of mining operations and disciplined market purchases, even as Bitcoin faces an 18% decline from its October peak above $126,000.
about Trump-Backed Bitcoin Miner Expands Treasury to 4,004 BTCBitcoin DATs Vanish as Institutional Support Falters
Major Bitcoin institutional buyers have largely disappeared from the market following October’s price correction, creating fragility at current support levels according to Coinbase research. Bitcoin digital asset treasury companies that typically provide strong market support have shown little re-engagement even during brief recoveries, with BTC buying falling to near year-to-date lows, while Ethereum demand remains concentrated around a single player, leaving the crypto market vulnerable to further downside pressure.
about Bitcoin DATs Vanish as Institutional Support FaltersAmerican Bitcoin Adds 1,414 BTC to $446M Treasury Holdings
American Bitcoin (ABTC) has dramatically expanded its cryptocurrency reserves, acquiring 1,414 Bitcoin worth $163 million through strategic purchases and mining operations. The publicly traded company, backed by Eric Trump and Donald Trump Jr., now holds 3,865 Bitcoin valued at approximately $446 million, signaling continued institutional confidence despite Bitcoin trading below its August peak of $125,000. This aggressive accumulation strategy highlights the growing trend of corporate Bitcoin treasuries and ABTC’s unique hybrid model that combines mining with strategic acquisitions.
about American Bitcoin Adds 1,414 BTC to $446M Treasury HoldingsTrump-Linked Bitcoin Miner Adds 1,414 BTC to Holdings
American Bitcoin, the cryptocurrency mining and treasury company co-founded by Eric Trump and Donald Trump Jr., has made a strategic $163 million Bitcoin acquisition that significantly expands its digital asset reserves. The purchase of 1,414 BTC brings the company’s total holdings to 3,865 Bitcoin valued at approximately $445 million, signaling a strong commitment to cryptocurrency accumulation as a core business strategy.
about Trump-Linked Bitcoin Miner Adds 1,414 BTC to HoldingsTrump’s $3.5B DeFi Project Sparks Political Controversy
A major Ethereum-based DeFi project co-founded by former President Donald Trump and his sons has reached a $3.56 billion market capitalization while drawing sharp criticism from Democratic lawmakers over potential conflicts of interest. World Liberty Financial, which aims to revolutionize digital finance through its WLFI token and USD1 stablecoin, has generated substantial financial gains for the Trump family amid growing political scrutiny and calls for Treasury investigations.
about Trump's $3.5B DeFi Project Sparks Political ControversyTrump Jr. Talks with De.Fi CEO, Hints at Future Crypto Plans
Donald Trump Jr. has revealed he held discussions with De.Fi CEO Sonali, signaling potential future developments in the blockchain security space. Both parties confirmed the exchange on social media, describing it as insightful while keeping specific details under wraps. The crypto community is watching closely for an expected update on October 20th.
about Trump Jr. Talks with De.Fi CEO, Hints at Future Crypto PlansICE Invests $2B in Polymarket in Major Crypto Bet
Intercontinental Exchange, the parent company of the New York Stock Exchange, is making a massive $2 billion investment in prediction market platform Polymarket, valuing the crypto-based platform at $8 billion. This landmark deal represents ICE’s strategic entry into event-driven markets and signals growing institutional confidence in prediction markets and their data potential, marking the largest private funding round in crypto history.
about ICE Invests $2B in Polymarket in Major Crypto BetICE Invests $2B in Polymarket, Valuing It at $9B
Polymarket has secured a massive $2 billion investment from Intercontinental Exchange, owner of the New York Stock Exchange, valuing the prediction market platform at $9 billion in a landmark deal that signals major institutional validation for blockchain-based financial applications. The partnership will distribute Polymarket’s data to thousands of financial institutions worldwide through ICE’s established infrastructure and includes collaboration on future tokenization initiatives, marking a significant step toward mainstream adoption of blockchain technology in traditional finance.
about ICE Invests $2B in Polymarket, Valuing It at $9B