On February 17, 2026, on-chain data and regulatory filings confirmed that American Bitcoin Corp (ABTC), the mining and treasury firm co-founded by Eric Trump and Donald Trump Jr., has officially surpassed the 6,000 BTC mark in its corporate reserves. This milestone comes less than six months after the company’s high-profile debut on the Nasdaq Global Select Market following its merger with Gryphon Digital Mining. According to data tracked by Arkham Intelligence, the firm’s total holdings reached approximately 6,060 BTC, valued at over 413 million dollars based on the current market recovery toward the 70,000-dollar level. This rapid accumulation has propelled American Bitcoin into the top 20 largest publicly traded Bitcoin holders globally, now ranking as the 17th largest treasury and rapidly closing the gap with established institutional players like Mike Novogratz’s Galaxy Digital. The achievement underscores the company’s aggressive “mining-to-treasury” pipeline, a strategic model where the firm retains the majority of its daily production rather than selling it to cover operational expenses.
Leveraging the Hut 8 Infrastructure and Strategic Energy Partnerships
The backbone of American Bitcoin’s rapid reserve growth is its deep operational partnership with Hut 8 Mining, which owns an 80% equity stake in the venture. By utilizing Hut 8’s existing high-performance computing infrastructure in Niagara Falls, Texas, and Alberta, American Bitcoin has maintained a steady stream of “virgin” Bitcoin production even as the network difficulty continues to hit all-time highs. Eric Trump, serving as the company’s Chief Strategy Officer, has emphasized that the firm’s goal is to on-shore trillions of dollars in digital value by positioning the United States as the global leader in both hash power and sovereign-grade Bitcoin reserves. To support this vision, the company recently announced plans to expand its ASIC fleet by an additional 17,000 machines, funded by a 220-million-dollar capital raise completed earlier this year. This expansion is designed to insulate the company from short-term price fluctuations by lowering the marginal cost of production through vertical integration and direct energy sourcing.
Navigating Market Volatility and the Shift Toward Institutional Legitimacy
Despite the impressive growth of its Bitcoin stack, American Bitcoin Corp has not been immune to the broader equity market downturn that characterized the start of 2026. Shares of ABTC are currently trading roughly 45% lower year-to-date, reflecting investor caution following the systemic liquidations of late 2025. However, management has remained steadfast in its “HODL” conviction, framing the current price suppression as a consolidation phase before the next structural leg up. The company’s strategy of using Bitcoin as a primary reserve asset is part of a growing trend among U.S. firms—including Nakamoto Inc. and Bitmine—that seek to outperform traditional benchmarks by holding a scarce, decentralized digital commodity. As the company prepares for its Q1 earnings report, the focus remains on its ability to sustain its high accumulation velocity while navigating the evolving regulatory environment. For the broader market, the 6,000 BTC milestone serves as a definitive proof of concept for the “Trump-backed” model of corporate Bitcoin ownership and its role in the emerging American digital finance landscape.