American Bitcoin Enters Top 20 Publicly Traded Bitcoin Treasury Companies by Holdings
Rhea-AI Summary
American Bitcoin (Nasdaq: ABTC) reported it held approximately 5,098 BTC in its strategic reserve as of December 14, 2025, placing the company among the top 20 publicly traded Bitcoin treasury companies by holdings. The Bitcoin were acquired via mining and strategic purchases and include amounts held in custody or pledged under a miner-purchase agreement with BITMAIN. The company reiterated its Satoshis Per Share (SPS) disclosure and introduced a new Bitcoin Yield metric showing percentage change in SPS over time to give investors visibility into per-share Bitcoin exposure and its evolution.
Positive
- 5,098 BTC strategic reserve as of Dec 14, 2025
- Ranked among the top 20 public Bitcoin treasury companies
- Introduced Bitcoin Yield metric alongside SPS for transparency
Negative
- Portion of Bitcoin is pledged for miner purchases (encumbered holdings)
- Company uses social media as primary disclosure, which may include previously non-public information
Key Figures
Market Reality Check
Peers on Argus
ABTC fell 7.3% while peers were mixed: crypto-adjacent names like BMNR (-10.43%) and IREN (-12.05%) dropped sharply, but MKTX rose 0.43%. Moves are not broad-based across the sector.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Reserve update | Positive | -5.4% | Disclosed increase of Bitcoin reserve to 4,783 BTC with SPS growth. |
| Nov 14 | Earnings results | Positive | +2.5% | Reported Q3 2025 revenue growth to $64.2M and higher margins. |
| Nov 11 | Stakeholder results | Positive | +0.4% | Dominari highlighted large income boost from its ABTC investment. |
| Nov 07 | Reserve update | Positive | +2.2% | Announced addition of 139 Bitcoin, raising reserve to 4,004 BTC. |
| Oct 30 | Earnings scheduling | Neutral | -1.2% | Scheduled Q3 2025 earnings release and conference call details. |
News on Bitcoin reserve growth and operations has often been positive in tone but produced mixed price reactions, including several declines after seemingly constructive crypto updates.
Over the last few months, ABTC has focused investor communication on rapid Bitcoin reserve growth and operational scale. Crypto-tagged updates on Nov 7 and Dec 10 highlighted reserve increases to 4,004 BTC and 4,783 BTC, alongside rising Satoshis Per Share. Q3 2025 results on Nov 14 showed revenue of $64.2M and mining capacity around 25.0 EH/s. Earlier, the company detailed a 2.4x mining expansion and Nasdaq listing milestones. Today’s announcement extends this trajectory with a larger Bitcoin reserve and new exposure metrics.
Market Pulse Summary
This announcement highlights ABTC’s continued buildup of its Bitcoin strategic reserve to 5,098 BTC and its entry into the top 20 publicly traded Bitcoin treasuries. The company is emphasizing transparency through Satoshis Per Share and a new Bitcoin Yield metric, giving investors clearer visibility into per-share Bitcoin exposure and its change over time. In context of prior updates on reserve growth and mining scale, investors may watch how these metrics trend and how often they are updated.
Jargon Translator
AI-generated analysis. Not financial advice.
As part of its ongoing commitment to transparency, American Bitcoin provides periodic updates on its Satoshis Per Share (SPS) metric, which reflects the amount of Bitcoin attributable to each outstanding share of common stock and offers investors visibility into their indirect ownership of Bitcoin through the Company's equity. Building on this disclosure, American Bitcoin is introducing its Bitcoin Yield metric, which measures the percentage change in SPS over a defined period. Together, these metrics provide investors with a clear view of both current Bitcoin exposure per share and how that exposure is evolving over time.
"I am incredibly proud of our tremendous growth," said Eric Trump, Co-Founder and Chief Strategy Officer of American Bitcoin. "In just over three months since our Nasdaq listing, we have surged past dozens of companies—with our Bitcoin reserve now exceeding 5,098 BTC—propelling us into the top 20 publicly traded Bitcoin treasury companies and demonstrating the explosive speed and scaling power of our strategy."
Note: (1) Based on rankings of Public Bitcoin Treasury Companies on BitcoinTreasuries.net as of December 14, 2025.
Supplemental Materials and Upcoming Communications
The Company expects to make available on its website and/or official social media channels certain materials and updates, including regarding its Bitcoin holdings, SPS, Bitcoin Yield, and related performance metrics. For important news and information regarding the Company, visit the Investor Relations section of the Company's website, abtc.com/investors, and its social media accounts, including on X, Instagram, and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.
About American Bitcoin
American Bitcoin Corp., a majority-owned subsidiary of Hut 8 Corp., is a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure platform. The Company delivers institutional-grade exposure to Bitcoin through an industry-first business model that integrates scaled self-mining operations with disciplined accumulation strategies. For more information, visit abtc.com and follow the Company on X at @ABTC.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements, include, but are not limited to, statements relating to the Company's ability to scale its Bitcoin reserve, SPS, and Bitcoin Yield and the speed and scaling power of the Company's strategy.
Forward-looking statements are not statements of historical fact, but instead represent management's expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by the Company as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: the price of Bitcoin and concentration of Bitcoin holdings; failure to grow hashrate; the purchase of miners; competition from other methods of investing in Bitcoin; uncertainty in the development and acceptance of the Bitcoin network; reliance on third-party mining pool service providers; hedging transactions; Bitcoin halving events; failure to realize the anticipated benefits of the merger transactions; dependence on Hut 8; liquidity constraints and failure to raise additional capital; failure of critical systems; competition from current and future competitors; changes in leasing arrangements; hazards and operational risks; electrical power requirements; geopolitical, social, economic, and other events and circumstances; cybersecurity threats and breaches; Internet-related disruptions; dependence on key personnel; having a limited operating history; rapidly changing technology; predicting facility requirements; acquisitions, strategic alliances or joint ventures; operating and expanding internationally; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; stock price volatility; the Company's multi-class capital structure and status as a controlled company; and other factors that may affect the future business, results, financial position and prospects of the Company. Additional factors that could cause results to differ materially from those described above can be found in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, the proxy statement/prospectus filed by the Company with the
View original content to download multimedia:https://www.prnewswire.com/news-releases/american-bitcoin-enters-top-20-publicly-traded-bitcoin-treasury-companies-by-holdings-302643079.html
SOURCE American Bitcoin Corp.