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ABTC has crossed 7,000 BTC in corporate reserves, marking more expansion of its Bitcoin treasury following its Nasdaq listing. The company reported its holdings have nearly tripled since launch, while “satoshis per share” have more than doubled over the same period.
ABTC now ranks among the top publicly traded Bitcoin-holding firms globally, coming in at #16, according to bitcointreasuries.net.
American Bitcoin has been aggressively expanding its mining operations, purchasing over 11,000 ASIC machines this month to significantly boost hashrate capacity.
The company plans to scale its fleet toward ~89,000 rigs and ~28 EH/s, focusing on self-mining BTC at lower costs rather…
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