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Investing.com -- American Bitcoin Corp. (NASDAQ:ABTC) stock jumped 5.7% in premarket trading Monday after the Bitcoin accumulation platform announced it has acquired approximately 1,414 Bitcoin, bringing its total holdings to 3,865 Bitcoin as of October 24, 2025.
The company, which focuses on building America’s Bitcoin infrastructure backbone, reported that its total Bitcoin holdings include coins acquired through mining operations and strategic purchases. Some of the Bitcoin is held in custody or pledged for miner purchases under an agreement with BITMAIN.
American Bitcoin also introduced a new metric called Satoshis Per Share (SPS), designed to provide investors with greater visibility into their indirect Bitcoin ownership through company shares. The SPS metric stood at 418 as of October 24, representing a 52% increase since September 1.
"We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share," said Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin. "As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings."
The company highlighted its integrated mining operations as a key differentiator from traditional Bitcoin treasury vehicles. According to Asher Genoot, Executive Chairman, this approach allows American Bitcoin to "reduce our average cost per Bitcoin to drive a cost advantage over vehicles that buy exclusively on the open market."
The SPS metric is calculated by converting the company’s total Bitcoin holdings to Satoshis (1 Bitcoin equals 100 million Satoshis) and dividing by the number of outstanding shares.
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