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American Bitcoin Lifts Reserve to 4,004 BTC, Updates SPS to 432

The Nasdaq-listed Hut 8 subsidiary credits a dual strategy of mining with disciplined purchases for its treasury expansion.

Overview

  • As of November 5, the company reported approximately 4,004 Bitcoin in its strategic reserve, reflecting holdings from both self-mining and market buys.
  • Roughly 139 Bitcoin were added since October 24, according to the latest update from the company.
  • The Satoshis Per Share metric rose to 432, a 3.35% increase in 12 days, providing a per-share view of indirect Bitcoin exposure.
  • Reported figures include coins held in custody, amounts pledged as collateral under a BITMAIN miner purchase agreement, and purchased-but-not-settled Bitcoin, with SPS adjusted for the Gryphon merger share ratio.
  • ABTC said it will continue periodic reserve and SPS disclosures, while its shares were reported down about 5.22% at the November 5 close.