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American Bitcoin Corp. (Nasdaq: ABTC), a Trump family–backed mining platform, has expanded its Bitcoin holdings to 3,865 bitcoin, adding 1,414 bitcoin since September through a combination of mining production and secondary market purchases.
The Miami-based firm, which describes itself as “America’s Bitcoin infrastructure backbone,” said the latest accumulation includes coins held in custody and those pledged for miner purchases under its ongoing procurement deal with Bitmain.
The update continues a rapid expansion trajectory that began earlier this year when Hut 8 spun out its U.S. mining arm as a separate, publicly traded entity.
American Bitcoin initially held…
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