American Bitcoin, a company specializing in cryptocurrency mining and affiliated with co-founder and strategic director Eric Trump, has revealed that its treasury holdings have increased to 7,000 Bitcoin, despite its stock price falling below one dollar.

This increase is part of a continuous accumulation strategy, raising the company's holdings to approximately $474 million at current prices, representing a growth of over 35% since the beginning of 2026.

Last week, the company praised its progress in Bitcoin ownership rankings after climbing to the 16th position, surpassing Galaxy Digital.

It also explained that the "Satoshi per share" index — with Satoshi being the smallest unit of Bitcoin — which measures the amount of Bitcoin per outstanding share, has risen to 660, more than doubling since its listing on Nasdaq last September.

Despite this growth in reserves, the company's stock remains under pressure, as its share price fell below one dollar last week and continued to decline to $0.84, reflecting a loss of over 50% since the start of the year, according to data from The Block.

Unlike other Bitcoin treasury management companies, such as Strategy and Metaplanet, which rely on buying coins from the market, American Bitcoin adopts a self-mining strategy to increase its holdings. It has expanded its fleet of ASIC mining machines in recent months to gather Bitcoin at a cost below the spot price.

The company was founded in the second half of 2025 and is mainly owned by Hut 8. It was launched in partnership with American Data Centers, associated with Eric Trump, with Donald Trump Jr. participating as a shareholder.