Trump-Backed American Bitcoin Reserves Exceed 6,000 BTC Valued at $425.82 Million

American Bitcoin, supported by Trump, has increased its Bitcoin holdings to over 6,000 BTC, currently worth approximately $425.82 million. This accumulation comes as Bitcoin’s price surged past the $70,000 mark again, despite ongoing concerns in the market about a potential decline. The company expanded its Bitcoin portfolio through a combination of mining operations and direct purchases.