American Bitcoin Surpasses Galaxy Digital in Bitcoin Holdings

American Bitcoin has achieved a significant milestone in the cryptocurrency market, surpassing Galaxy Digital as the 16th-largest publicly listed company by Bitcoin holdings.

The company holds approximately 6,899 Bitcoins, worth around $492 million at current prices of near $71,000 per Bitcoin. This achievement was announced on social media by Eric Trump, co-founder and chief strategy officer of American Bitcoin.

American Bitcoin's focus on industrial-scale mining and building a strategic Bitcoin reserve has contributed to its growth. The company has expanded its mining operations through recent purchases, including 11,298 ASIC miners for its Drumheller, Alberta facility in March 2026.