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Trump family-backed American Bitcoin lifts bitcoin holdings to nearly 5,900 coins Eric Trump said at Consensus 2025 in Toronto
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American Bitcoin, backed by members of the Trump family, has increased its bitcoin reserves to about 5,843 BTC, making it the 18th-largest corporate holder of the cryptocurrency.
Shares rose about 2% in premarket trading Tuesday but remain down roughly 11% for the year, as the miner, majority-owned by Hut 8, joins peers in treating bitcoin as a long-term balance-sheet asset despite recent price weakness.