American Bitcoin Corp Boosts Holdings to 7,000 BTC

Published at 2026-03-31 15:00:18

Trump-linked Bitcoin mining firm American Bitcoin Corp has increased its corporate reserve to 7,000 BTC, lifting its standing among the largest corporate Bitcoin treasuries even as several companies reduce holdings. The decision to hold and grow a sizable stockpile contrasts with recent seller activity from some public firms and signals sustained confidence from a segment of the mining industry.

Separately, Metaplanet secured a $255 million cash infusion it says will be deployed to materially boost its Bitcoin holdings, pointing to fresh demand from corporate buyers. Combined, these moves could tighten available supply and offer support for BTC prices if more miners and corporates follow suit. For market participants, the divergence between sellers and buyers highlights differing balance-sheet strategies and potential implications for near-term liquidity in the Bitcoin market.

Share on:

Related news

Exodus Launches 'Exodus Pay' to Turn Bitcoin Wallet into Spending App

Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.

Published at 2026-04-10 16:45:35
Cango Sells 2,000 BTC Amid Miner Pivot to AI, Global Hashrate Drops 17%

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

Published at 2026-04-10 05:45:15
Morgan Stanley’s Cut-Rate Bitcoin ETF Sparks Industry Fee War

Morgan Stanley launched the MSBT Bitcoin ETF with a 0.14% fee, undercutting BlackRock’s IBIT and intensifying an issuer fee war. The move could shift investor flows and compress margins across the digital-asset ETF market.

Published at 2026-04-10 00:45:09
MarketVector and Coinbase Launch Bitcoin–Tokenized Gold Index

MarketVector and Coinbase unveiled an index tracking Bitcoin (BTC) alongside tokenized gold tokens PAXG and XAUT, highlighting a blended benchmark for digital and hard-asset value. The launch reflects growing interest in crypto as a store of value as Bitcoin’s equity correlation rises and gold posts stronger returns.

Published at 2026-04-09 16:30:39
NYT Names Adam Back as Satoshi; Back Denies, Ripple CTO Says 'Case Closed'

The New York Times published an 18‑month investigation linking Adam Back to Satoshi Nakamoto using stylometric analysis, interviews, and historical research; Back has denied the claim. Ripple’s CTO responded by calling the matter 'case closed' as the crypto community digests the report.

Published at 2026-04-09 13:15:12