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American Bitcoin Acquires an Additional 1414 BTC, TRUMP Meme Coin Also Rises

2025/10/28 10:31 (Updated 2025/10/28 13:00)
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Written by L.Kikutani
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American Bitcoin Acquires an Additional 1414 BTC, TRUMP Meme Coin Also Rises

Total Holdings Expand to 3865 BTC

Nasdaq-listed cryptocurrency mining company American Bitcoin announced on October 27th that it had acquired approximately 1,414 bitcoins (BTC). The company's co-founders are Eric Trump and Donald Trump Jr., who have placed Bitcoin accumulation at the core of their business strategy.

Following the announcement, American Bitcoin's stock price rose by 6%, and the Trump-related TRUMP meme coin surged by 12.7%.

As of October 24th, the company's holdings amounted to approximately 3,865 bitcoins, with a market value of about $440 million (67.3 billion yen).

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