American Bitcoin Corp (ABTC), a newly created private Bitcoin -Mine company supported by Eric Trump and Donald Trump Jr., announced in a June 10 -archiving that it has acquired 215 Bitcoin (BTC) since the launch of April 1, 2025. $ 23 showing their drive and commitment to Bitcoin.
“Bitcoin -accumulation is not a side effect of ABTC’s business. It’s the business,” the company said in the archiving.
Furthermore, ABTC has entered into a merger agreement with Gryphon Digital Mining ($ GRYP), and the combined company is expected to begin public trade under Ticker $ ABTC as early as 3 quarter of 2025.
The company’s three-layer strategic plan-except for the SEC wider-detailed detail a focused approach:
Layer 1: Build the engine
- ABTC’s foundation is based on “producing Bitcoin costs under the market through a capital-efficient, infrastructure light operating model.” The company owns and operates over 60,000 miners from Bitmain and Microbt and runs primarily on Hytte 8-controlled facilities.
Layer 2: scaling the reserve
- ABTC had “accumulated about 215 Bitcoin in reserve since the launch on April 1, 2025,” which it considers a long -term strategic asset. The company says its goal is “utilizing public markets and strategic financing structures to gain access to efficient capital and exploit this capital to increase its Bitcoin in reserve per share.”
Layer 3: LED ecosystem
- The company ultimately aims to use its operational scale and mining to run industrial adoption. “ABTC can pursue opportunities to support protocol development, improve the network infrastructure and contribute to Bitcoin’s resilience and adoption in ways that comply with the shareholder’s value creation.”
For mining of mining, ABTC Foundry and Luxor Pools with fees with fees below 1% use and are dependent on coin base for sure cold storage with multi-factor approval and strict withdrawal protocols.
With operations over Niagara Falls, new; Medicine Hat, AB; And Orla, TX, ABTC utilizes strategic partnerships – primarily with Hytte 8 – to scale its Bitcoin stocks while affecting the wider crypto -mining operation system.