Eric Trump, Donald Trump Jr-Backed American Bitcoin Increases Strategic Reserve To Over 4,700 BTC

• ABTC shares have fallen more than 50% in December amid Bitcoin bear market fears.
• Eric Trump attributed the sell-off to investor profit-taking and anticipates ongoing volatility.
• Other Trump-affiliated crypto ventures, including WLFI and $Trump, have also declined amid the recent crypto market sell-off.

American Bitcoin Corp. (ABTC) announced Wednesday that it added 416 Bitcoin (BTC) to its treasury over the past week, bringing its total treasury holdings to roughly 4,783 BTC.

The company, backed by Eric Trump and Donald Trump Jr., said the accumulation was made through Bitcoin mining and strategic purchases, including Bitcoin held in custody or pledged for miner purchases under an agreement with BITMAIN.

ABTC’s stock moved around 1% higher in pre-market trade, amid broader weakness in the market ahead of the Federal Reserve’s rate announcement later in the day. On Stocktwits, retail sentiment around the company dipped to ‘bullish’ from ‘extremely bullish’ territory over the past day. Chatter fell to ‘high’ from ‘extremely high’ levels.

Crypto Market Volatlle Ahead Of FOMC Meeting

ABTC’s continued accumulation comes amid volatility in broader cryptocurrency markets ahead of the outcome of the Federal Open Market Committee (FOMC) meeting. Bitcoin’s price was trading at around $91,900 in early-morning trade, up 1.4% over the last 24 hours. On Stocktwits, retail sentiment around the apex cryptocurrency remained in ‘neutral’ territory over the past day, accompanied by ‘low’ levels of chatter. 

"With our Bitcoin reserve now at 4,783, we continue to scale at an exceptional pace. SPS [Satoshi Per Share]  grew more than 17% in just over a month, and we added 416 Bitcoin in the past week—evidence of the strength and efficiency of our strategy," said Eric Trump, Co-founder and Chief Strategy Officer at ABTC.  At the current price, ABTC’s Bitcoin holdings are valued at approximately $440 million.

ABTC Plunges Amid Bitcoin Bear Market Fears

ABTC is essentially Hut 8’s (HUT) carved‑out bitcoin mining arm, which later merged into Gryphon and now trades as American Bitcoin Corp, while remaining majority-controlled by Hut 8.

Shares of ABTC have fallen more than 50% in December amid fears of a Bitcoin bear market setting in. During the time period, Google searches for “Bitcoin Bear Market” also reached an all-time high as speculation around the next crypto winter setting in also grew.

Following the dip in share price earlier this month, Eric Trump said on X that the sell-off reflected investors exercising their option to “cash in on their profits for the first time,” predicting continued volatility in the near term. “I’m holding all my @ABTC shares - I’m 100% committed to leading the industry,” he added.

Trump’s Expanding Crypto Portfolio

ABTC is just one component of the Trump family’s expanding crypto portfolio, which began in 2022 with the launch of an NFT collection. The family subsequently established World Liberty Financial (WLFI) in 2024 and launched a cryptocurrency bearing the Trump name (TRUMP) in 2025.

Like ABTC, other Trump-affiliated crypto ventures, including WLFI, have also struggled in recent weeks amid broader market declines. WLFI’s price gained more than 2% in the last 24 hours, but remains down by over 5% over the past week. On Stocktwits, retail sentiment around WLFI continued to trend in ‘bearish’ territory.

Read also: Nvidia H200 Export Approval To China Prompts Beijing’s Emergency Meetings With Alibaba, ByteDance, Tencent: Report

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