Eric Trump’s Bitcoin Hoard: 4,783 BTC and Counting! 💰🚀

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Key Highlights (Because Who Has Time for Details?)

  • American Bitcoin Corp. (ABTC) just hoovered up another 416 Bitcoin, because why not? Total stash: 4,783 BTC. 🤑
  • Eric Trump is thrilled (obvs) that the Satoshis Per Share (SPS) metric jumped 17% in a month. Math! 📈
  • Their strategy? Mine it, buy it, stack it. Simple, right? ⛏️💸

So, Eric Trump’s American Bitcoin Corp. (ABTC) is basically the Bitcoin version of a squirrel hoarding acorns. They just added 416 BTC to their pile, worth a cool $38 million. Because, you know, inflation is so last season. This brings their grand total to 4,783 BTC, which they’re keeping in a digital fort Knox (or something equally dramatic). Since December 2, they’ve been busy mining and buying, because why do one when you can do both? 🤷‍♂️

According to their update, this includes Bitcoin held in custody or pledged for miner purchases under an agreement with BITMAIN. Fancy! Meanwhile, their Satoshis Per Share (SPS) metric is up 17%, which is just a fancy way of saying their investors are feeling slightly less panicky. Slightly.

Console wars are over. Let the BTC games begin. 🕹️
Eagle 4,783 > Chief 4,710

GG @GameStop. Your move. $ABTC $GME 😏

To keep things transparent (because trust is so 2023), ABTC is obsessively tracking their SPS metric. Because nothing says “we’re serious” like a metric no one understands. Eric Trump, ever the optimist, chimed in: “With our Bitcoin reserve now at 4,783, we’re basically the Beyoncé of Bitcoin. SPS grew 17% in a month, and we added 416 BTC in a week. Mic drop. 🎤”

The Business Model (Because Buzzwords Are Fun)

ABTC is doing something “industry-first” (read: they made it up) by combining self-mining with strategic accumulation. It’s like farming and shopping at the same time. 🛒🌾 They’re majority-owned by Hut 8 Corp., which is basically their cool older sibling. Since going public on Nasdaq (after merging with Gryphon Digital Mining, Inc. in September), they’ve been on a Bitcoin bender, determined to build the biggest Bitcoin sandbox in the U.S.

Long-Term Value (Or: How to Sound Smart)

ABTC is all about “long-term shareholder value,” which is just a fancy way of saying they’re in it for the money. Their cost structure and margin profile are apparently chef’s kiss, positioning them for success. Eric Trump (yes, him again) declared, “In three months, we’ve built the Bitcoin equivalent of a Kardashian empire. Nasdaq listing? Check. Bitcoin hoarding? Check. Long-term value? Double check. We’re basically unstoppable. 🚀”

Expect more updates on their Bitcoin stash, SPS, and other nerdy metrics via their official channels. Because who doesn’t love a good numbers dump? 📊

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2025-12-10 18:53