Overview
- American Bitcoin said it acquired about 416 BTC since its Dec. 2 update, bringing holdings to roughly 4,783 BTC as of Dec. 8.
- The reserve reflects coins produced by in-house mining and market purchases, including Bitcoin held in custody or pledged under a Bitmain miner agreement.
- The company reported its Satoshis Per Share metric at 507, marking an increase of more than 17% in just over a month.
- ABTC shares were up modestly in early trading, though the stock remains depressed after a sharp Dec. 2 drop when pre-merger private-placement shares became freely tradable.
- Peer activity continues as ProCap Financial reported 5,000 BTC, with both firms ranked among top public Bitcoin holders by bitcointreasuries.net.