TLDR
- American Bitcoin Corp. purchased 1,414 BTC, bringing its total holdings to 3,865 BTC as of October 24, 2025.
- Strategy, led by Michael Saylor, acquired 390 BTC for $43.4 million at an average price of $111,053 per coin, raising total holdings to 640,808 BTC.
- American Bitcoin introduced a “Satoshis Per Share” metric to help shareholders track their indirect Bitcoin exposure through equity ownership.
- American Bitcoin’s stock jumped over 10% to $6.20 on Monday morning, while Strategy’s stock gained 1.8% to trade just below $295.
- Both companies represent a growing trend of publicly traded firms accumulating large Bitcoin positions, with Strategy pioneering the model and American Bitcoin following suit after forming from a merger involving President Trump’s sons’ venture.
American Bitcoin Corp. acquired 1,414 BTC in its latest purchase. The company now holds 3,865 BTC total as of October 24, 2025.
The purchase included Bitcoin acquired through mining operations and strategic market purchases. Some of the holdings are held in custody or pledged for miner purchases under an agreement with BITMAIN.
Strategy, the company led by Michael Saylor, bought 390 BTC during the same period. The purchase cost $43.4 million, with an average price of $111,053 per coin.
Strategy’s total holdings now stand at 640,808 BTC. At current prices, the holdings are worth roughly $71 billion.
The company’s year-to-date Bitcoin yield is 26%. Strategy pioneered the model of publicly traded companies acquiring large Bitcoin positions.
American Bitcoin formed from a merger between American Data Centers and Gryphon Digital Mining. American Data Centers was a venture involving President Donald Trump’s sons.
The company listed on the Nasdaq in September. It operates as a Bitcoin accumulation platform with integrated mining operations.
New Metrics for Shareholders
American Bitcoin introduced a new metric called Satoshis Per Share. The measurement helps shareholders understand their indirect Bitcoin exposure through equity ownership.
The metric is calculated by multiplying total Bitcoin holdings by 100 million. That number is then divided by the total outstanding shares of common stock.
Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin, said the metric reflects success for a Bitcoin accumulation platform. The company plans to provide regular updates on the measurement.
Asher Genoot, Executive Chairman of American Bitcoin, highlighted the company’s mining operations. He said producing Bitcoin directly reduces the average cost per coin compared to buying exclusively on the open market.
Market Performance
American Bitcoin’s stock rose over 10% to $6.20 on Monday morning. The increase coincided with Bitcoin’s price recovery above $115,000 late Sunday.
Strategy’s stock saw a smaller gain of around 1.8%. The shares traded just below $295.
Both companies face scrutiny due to regulatory oversight from exchanges. Digital asset treasury companies also deal with pressure when Bitcoin’s price drops, which affects the value of their holdings.
The purchases by both companies show continued institutional accumulation. Bitcoin is currently trading near all-time highs.

