American Bitcoin (ABTC) pass Galaxy as BTC treasury hit 6,899
American Bitcoin (ABTC), wan bitcoin miner wey get link to Trump, don increase dia bitcoin treasury to 6,899 BTC (about $491m), just pass Galaxy Digital wey get 6,894 BTC. Data from BitcoinTreasuries.net show say ABTC na di 16th biggest public bitcoin holder.
Di new buildout add to di “bitcoin treasury” race. ABTC start for March 2025 through Hut 8 (HUT) wey hold 80%, and dem dey still expand mining instead make dem shift to AI infrastructure. For March 2026, dem order 11,298 ASIC miners for dia Drumheller, Alberta site, aim for about 12% more capacity and +3.05 EH/s (around 0.3% of global hashrate).
Overall corporate leadership remain unchanged: Strategy (MSTR) get 761,068 BTC, and other public holders wey dem mention include MARA, Twenty One Capital, Bullish (BLSH), COIN, TSLA, and Trump Media & Technology (DJT) wey get 9,542 BTC.
BTC dey trade near $71,092 and don drop about 4% for the day. For traders, if ABTC continue to accumulate e dey positive for sentiment and fit small reduce miner sell pressure, but short-term BTC price action still likely go dey driven by macro and wider risk appetite.
Bullish
Di tori news dey small small positive for BTC because ABTC dey add to im Bitcoin treasury and e don climb up for di public holder rankings, wey fit ginger sentiment and small reduce sell-side pressure from miners. E still show say corporate BTC demand dey widen beyond di biggest players (e.g., MSTR) and e dey backed by ongoing expansion of mining capacity.
But di impact no go strong for short term: wetin ABTC dey do support di medium-term “digital gold” narrative, but di article talk say BTC daily price still dey largely driven by macro conditions and overall risk appetite. So traders fit see am as supportive, not as one-alone catalyst for sustained move.