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American Bitcoin boosts strategic reserve to 3,865 Bitcoin
Yahoo Finance· 2025-10-27 21:42
According to a company press release, American Bitcoin (ABTC) acquired 1,414 BTC during the period ended October 24, bringing its strategic reserve to 3,865 BTC and lifting its sats-per-share metric to 418, a 52% increase since September 1. Get these headlines directly to your inbox: subscribe to Blockspace. The new purchases were funded through both open-market buys and the company’s integrated mining operations, which supply BTC at a lower average cost than third-party acquisitions. As of October 24, t ...