American Bitcoin Corp. (Nasdaq: ABTC) in his recent post announced the purchase of 1,414 Bitcoin, which is elevating its BTC holding to 3,865 BTC at the time of writing. The Bitcoin accumulation platform is following through on its strategy to electrify America’s Bitcoin infrastructure with a combination of self-mining and strategic acquisitions.
The company’s holdings include Bitcoin that is held in custody for miner purchases under an agreement with BITMAIN. This move is a representation of American Bitcoin’s big-picture idea to generate clean industrial exposure to Bitcoin while still being very economical through direct production.
To show more openness, American Bitcoin has got one step further by introducing the new metric called Satoshis Per Share (SPS). It shows the amount of Bitcoin that is the real backing for a single common stock share. SPS is a figure that is derived from a formula where one first multiplies the company’s total Bitcoin holdings by the Satoshi conversion ratio and then divides the result by the number of outstanding shares.
The company reported that its SPS was 418 on October 24, 2025, which is half a percent of the value on September 1, 2025. The news certainly clears the wire for the investors to see how much Bitcoin they really own indirectly through ABTC shares. Eric Trump, co-founder and Chief Strategy Officer, said that the company is very much focused on elevating shareholder value through transparency and by the continuous purchase of Bitcoin.
Executive Chairman Asher Genoot highlighted that the integrated mining operations of American Bitcoin make it a fundamentally different rebound of a Bitcoin treasury, which is generally a market purchase vehicle. The direct mining of Bitcoin by the company leads to a lowering of the average acquisition cost, which, in turn, allows for a more efficient compounding of Bitcoin value per share.
The company recently completed its merger with Gryphon Digital Mining, Inc., and changed the share count to mirror the merger exchange ratio of about 14.4995. American Bitcoin, a majority-owned subsidiary of Hut 8 Corp., is moving forward as a premier platform for Bitcoin accumulation through the combination of mining efficiency and disciplined acquisition strategies.
The company has also communicated that the continuous changes in their Bitcoin holdings and SPS performance metrics will be published through their official website and social media channels, thus providing investors with transparency.
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