A American Bitcoin, a company dedicated to mining and managing Bitcoin reserves, of which Eric Trump is co-founder and strategy director, announced that it has acquired approximately 416 new bitcoins in the last week. As a result, the company's total assets reached 4,783 BTC on December 8, 2025.
The amount purchased, valued at approximately US$ 38 million at current prices, highlights the rapid growth pace of the company. Hut 8 is the main shareholder and the company debuted on Nasdaq just three months ago.
In an official note, American Bitcoin highlighted that its reserves encompass mined coins, strategic purchases, and assets held in custody or linked to operational agreements with equipment manufacturer Bitmain.
Eric Trump declared: “With our reserve now at 4,783 BTC, we continue to expand at an extraordinary pace.”
The company also updated the Satoshis Per Share (SPS) indicator, which measures the amount of bitcoin corresponding to each issued share. This index has advanced more than 17% in just over a month.
Despite the expansion of reserves and a gross margin of 54.94% in the last 12 months, the performance of the shares has shown strong volatility. Currently quoted at US$ 2.05, the stock fell 14.23% in the last week and has accumulated a decline of 68.02% since the IPO.
In the third quarter, the company reported strong results: revenue jumped to US$ 64.2 million, compared to US$ 11.6 million in the same period of the previous year. Net income was US$ 3.5 million, reversing the loss of US$ 600 thousand recorded in 2024.
American Bitcoin reported that it will continue to disclose data about its reserves, the SPS, and other indicators on its website and social media. Its business model combines in-house mining with accumulation strategies, maintaining a high exposure to BTC price fluctuations.
