"The company said the Bitcoin was acquired through a combination of mining operations and strategic market purchases. According to a company release Friday, American Bitcoin's "Satoshis Per Share" (SPS) - a transparency metric showing how much Bitcoin backs each share of stock - rose 3.35% over the past 12 days to 432 satoshis per share. The firm said this figure includes Bitcoin held in custody and coins pledged under a miner purchase agreement with Bitmain."
""We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases," said Eric Trump, co-founder and chief strategy officer of American Bitcoin. The Miami-based company describes its goal as building "America's Bitcoin infrastructure backbone," combining industrial-scale mining with balance-sheet accumulation. American Bitcoin said it plans to continue providing regular SPS updates as part of its commitment to transparency and shareholder alignment with Bitcoin's long-term growth."
American Bitcoin added 139 BTC since October 24, bringing reserves to 4,004 BTC as of November 5, 2025. BTC acquisitions came from mining operations and strategic market purchases. Satoshis Per Share (SPS) increased 3.35% over 12 days to 432 satoshis per share, including coins held in custody and those pledged under a miner purchase agreement with Bitmain. The firm combines industrial-scale mining with balance-sheet accumulation and plans continued SPS updates. The company emerged from a merger between Gryphon Digital Mining and a Trump family-backed American Bitcoin subsidiary, with Gryphon shareholders retaining roughly 2%. The entity debuted on Nasdaq in September 2025.
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