News Explorer — Trump-Backed American Bitcoin Boosts BTC Reserve to $512.9M

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Jan 27, 1:34 pm

Coindesk

Trump-Backed American Bitcoin Boosts BTC Reserve to $512.9M

American Bitcoin, backed by the Trump family, has increased its bitcoin reserves to 5,843 BTC, worth approximately $512.9 million, making it one of the world's largest corporate holders of the cryptocurrency. The company has achieved a claimed Bitcoin yield of around 116% from its Nasdaq debut.

American Bitcoin, backed by the Trump family, has increased its bitcoin reserves to 5,843 BTC, worth approximately $512.9 million, making it one of the world's largest corporate holders of the cryptocurrency. The company has achieved a claimed Bitcoin yield of around 116% from its Nasdaq debut.

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