Since launch, Trump’s US Bitcoin merged with Lion Raph coins, reporting 215 BTC on the balance sheet
American Bitcoin Corp (ABTC), a newly formed private bitcoin mining company backed by Eric Trump and Donald Trump Jr., announced in a June 10 SEC filing that the company has acquired 215 Bitcoins (BTC) since its launch on April 1, 2025. The reserve is currently valued at $23 million, indicating their driving and commitment to Bitcoin and Bitcoin.
“Bitcoin accumulation is not a side effect of ABTC’s business. It’s the business,” the company said in the filing.
In addition, ABTC has entered into a merger agreement with Gryphon Digital Mining ($GRYP), and the combined company is expected to begin public trading under the stock $ABTC in the third quarter of 2025.
The company’s three-tier strategic plan (listed in the SEC disclosure) is a centralized approach:
Level 1: Construction of the engine
- The foundation of ABTC is based on “the basis of producing Bitcoin through capital efficiency, infrastructure light operational models that are below market costs.” The company owns and operates over 60,000 miners from Bitmain and Microbt, mainly operating on 8 management cabin management facilities.
Layer 2: Scaling reserve
- ABTC “has accumulated about 215 bitcoins since its launch on April 1, 2025” and it considers long-term strategic assets. The company noted that its goal is to “leverage public markets and strategic financing structures to obtain effective capital and use capital to increase its reserves per share of Bitcoin.”
Level 3: Leading the ecosystem
- The company ultimately aims to leverage its operating scale and mining position to drive adoption across the industry. “ABTC may seek opportunities to support protocol development, enhance network infrastructure, and promote resilience and adoption of Bitcoin in a way that aligns with shareholder value creation.”
For mining rewards, ABTC uses foundries and Lux pools, which costs less than 1%, and relies on a Coinbase custodian for secure refrigeration, with multi-factor authentication and a strict withdrawal protocol.
Action at Niagara Falls, NY; Pharmaceutical Cap, AB; TX, ABTC Orla is using strategic partnerships (mainly with Hut 8) to expand its Bitcoin holdings while affecting the wider crypto mining ecosystem.
