Trump-backed American Bitcoin Corp Boosts Reserves to 6,000 BTC

Published at 2026-02-17 23:00:07

Eric Trump said today that American Bitcoin Corp — the Trump family–backed mining and treasury firm — officially holds 6,000 BTC in its corporate reserves. Achieving that level in under six months of public trading places the company among the world’s largest corporate Bitcoin holders and highlights rapid accumulation during a period of heightened treasury demand.

The move underscores renewed corporate appetite for Bitcoin as a treasury asset and could tighten available market supply if other firms follow suit. For investors, the accumulation signals confidence from a high-profile corporate actor and may intensify scrutiny from regulators and market watchers as firms combine mining operations with aggressive balance-sheet crypto exposure.

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Minneapolis Fed president Neel Kashkari said cryptocurrencies are "utterly useless" and described stablecoins as a "buzzword salad," arguing stablecoins aren't an improvement over Venmo and fail basic real-world viability tests.

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Published at 2026-02-19 16:45:23

Adam Back: "Bitcoin Is the Future of Finance"

Cypherpunk veteran Adam Back, cited in Satoshi’s whitepaper, said Bitcoin will form the future of finance. His statement bolsters a bullish narrative that could influence institutional interest and policy debates around BTC.

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Published at 2026-02-19 12:45:08

Bitcoin Slumps as Middle East Tensions Rattle Global Markets

Bitcoin is headed for a fifth straight weekly decline as rising Middle East tensions lift the U.S. dollar and sap demand for risk assets, while U.S. stock futures firm ahead of Walmart earnings and upcoming Fed minutes.

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Published at 2026-02-19 12:30:10

Grayscale: XRP Is Now the Second Most Asked-About Crypto

Grayscale’s sales desk reports XRP has become the second-most asked-about crypto, a sign investor focus is expanding beyond Bitcoin.

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Published at 2026-02-18 21:00:10

Steak 'n Shake Credits Soaring Sales to Bitcoin Adoption

Steak 'n Shake reports same-store sales rose significantly in the nine months since it began accepting Bitcoin and has accumulated roughly 161 BTC, using part of the reserve to pay employee bonuses.