Crypto Currency

Trump family-backed American Bitcoin achieves 116% BTC yield

American Bitcoin’s BTC reserve has grown to 5,843 BTC since its Nasdaq debut. The company has achieved 116% BTC yield from Sept 2025 to Jan 2026. Trump family backs ABTC’s mining and crypto expansion strategy. American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has

Published 6 months ago in
Trump family-backed American Bitcoin achieves 116% BTC yield

American Bitcoin achieves 116% BTC Yield

  • American Bitcoin’s BTC reserve has grown to 5,843 BTC since its Nasdaq debut.
  • The company has achieved 116% BTC yield from Sept 2025 to Jan 2026.
  • Trump family backs ABTC’s mining and crypto expansion strategy.

American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has reached a major milestone in its cryptocurrency holdings.

The company recently announced that its total Bitcoin reserve has increased to approximately 5,843 BTC.

This accumulation represents a significant achievement since its Nasdaq debut on September 3, 2025.

ABTC also reported a Bitcoin yield of around 116% over the period from its listing through January 25, 2026.

Strategic accumulation and mining

American Bitcoin’s strategy combines direct market purchases with large-scale mining operations.

The company operates Bitcoin mining facilities in North America, including a notable data centre in Vega, Texas.

This dual approach allows ABTC to grow its reserves steadily while continuing mining operations.

Early January saw the company adding 329 BTC, reflecting a consistent accumulation trend.

The Trump-backed firm positions itself as a major participant in industrial Bitcoin mining, aiming to strengthen US leadership in the sector.

Its public messaging emphasises the strategic importance of domestic Bitcoin production and energy use.

By focusing on mining and treasury accumulation, ABTC mirrors the strategy of other top corporate holders like MicroStrategy.

These companies treat Bitcoin as a long-term strategic asset rather than a short-term speculative holding.

Trump family’s role in American Bitcoin

American Bitcoin is part of a broader Trump family push into the cryptocurrency space.

Eric Trump and Donald Trump Jr. have positioned the venture as a key component of the family’s crypto ecosystem.

This includes investments in crypto apps, NFTs, and other digital assets.

According to reports, the Trump family’s crypto ventures collectively generated over $1 billion in pretax earnings within roughly a year.

The family also ties its crypto activities to a larger narrative of US innovation and market leadership.

While the firm’s stock has experienced volatility since its Nasdaq debut, insiders remain bullish, viewing price swings as opportunities for growth.

According to recent reports, American Bitcoin now ranks among the t

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

U.S. job growth blows past forecasts, setting stage for Fed rate hikes

Markets U.S. job growth blows past forecasts, setting stage for Fed rate hikes Bitcoin is now facing another headwind — the prospect of higher interest rates. By James Van Straten, Krisztian Sandor| Edited by Stephen Alpher Jun 5, 2026, 12:57 p.m. 1 min read Make preferred on Share Share this article Copy link X icon

Published 12 hours ago in
U.S. job growth blows past forecasts, setting stage for Fed rate hikes
Markets

U.S. job growth blows past forecasts, setting stage for Fed rate hikes

Bitcoin is now facing another headwind — the prospect of higher interest rates.

By James Van Straten, Krisztian Sandor|Edited by Stephen Alpher
Jun 5, 2026, 12:57 p.m.
1 min read

Make preferred on

Share this article
X iconX (Twitter)LinkedInFacebookEmail

Make preferred on

The U.S. released January jobs numbers Friday morning (Ernie Journeys/Unsplash)
Summary

  • The U.S. economy added 172,000 jobs in May, more than double economist forecasts of 85,000.
  • The unemployment rate came in at 4.3%, in line with expectations.
  • Bitcoin remained lower for the session at $61,900 following the report.

The U.S. economy added 172,000 jobs in May, nearly double economists’ expectations, strengthening the case for Federal Reserve rate hikes this year.

The unemployment rate held steady at 4.3%, according to data released Friday by the Bureau of Labor Statistics.

Bitcoin BTC$65,166.20 remained under pressure following the report, trading below $62,000 as the broader crypto market nursed steep overnight declines.

The 10-year Treasury yield jumped to 4.52% following the report. U.S. equity index futures were also lower, the Nasdaq 100 index down 1.2%. Oil prices edged modestly lower at $94 per barrel, while gold slid 1.1% to around $4,400 per ounce.

Recent economic data continue to point to a resilient U.S. economy this week. Both the ISM Manufacturing PMI and ISM Services PMI came in above expectations and remained in expansionary territory.

U.S. equities have had an incredibly strong run, with the S&P 500 about to post gains for 10 consecutive weeks and rising roughly 10% year-to-date. However, some exuberance has faded from the semiconductor sector following Broadcom’s earnings report, which disappointed investors with a weaker-than-expected outlook for AI-related chip demand.

Bitcoin News
Related Assets
Bitcoin$65,158.73

1.06%
Bitcoin News
Related Assets
Bitcoin$65,158.73

1.06%

Latest Crypto News
  1. 1
    Ballooning U.S. debt sends investors to bitcoin, gold to shelter from dollar devaluation

    26 minutes ago
  2. 2
    Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses

    36 minutes ago
  3. 3
    Coinbase CEO Brian Armstrong criticizes crypto startups that rebrand to AI

    1 hour ago
  4. 4
    Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets

    1 hour ago
  5. 5
    Interest rates in U.S., U.K., Japan and Coinbase, Strategy earnings: Crypto Week Ahead

    1 hour ago
  6. 6
    Cloud data firm Storj files for Chapter 11, extending a week of crypto failures. Token slides 16%

    2 hours ago
  7. 7
    Live updates: Bitcoin rises above $65,000 as oil tumbles on Iran war cooldown

    4 hours ago
  8. 8
    Crypto is the canary in the coal mine for the quantum computing threat, experts say

    5 hours ago
  9. 9
    Bitcoin is back above $65,000 as U.S. and Iran hold fire. Oil drops 5%

    7 hours ago
  10. 10
    South Korea trading giant puts receivables onchain in tokenization test with LG CNS

    11 hours ago

Latest Research
Market Spotlight Square Image

Crypto Flows, Share and the Selective Rotation

By CoinDesk Research
Jul 22, 2026

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Why it matters:

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

View Full Report
More From Markets
Bitcoin ETF flows, July 24 (SoSoValue)

Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses

Bitcoin price (CoinDesk Data)

Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets

Federal Reserve Chairman Kevin Warsh

Interest rates in U.S., U.K., Japan and Coinbase, Strategy earnings: Crypto Week Ahead

More From Bitcoin
1 kg gold bars set out in ranks.

Ballooning U.S. debt sends investors to bitcoin, gold to shelter from dollar devaluation

Bitcoin ETF flows, July 24 (SoSoValue)

Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses

Brian Armstrong speaks at Consensus 2src19.

Coinbase CEO Brian Armstrong criticizes crypto startups that rebrand to AI

!–>
Read More

Continue Reading
Crypto Currency

Live updates: bitcoin below $62,000 as blowout jobs data, Zcash bug keeps pressure on crypto

Zcash plummeted 40% after Shielded Labs revealed a major bug that went undetected for 4 years…

Published 12 hours ago in
Live updates: bitcoin below $62,000 as blowout jobs data, Zcash bug keeps pressure on crypto

Zcash plummeted 40% after Shielded Labs revealed a major bug that went undetected for 4 years…
Read More

Continue Reading
Crypto Currency

A stablecoin tied to Strategy stock depegs putting a new DeFi dollar risk in focus as Bitcoin sells off

Apyx’s apxUSD fell below its dollar reference on June 4 as Bitcoin traded near $63,000, putting DeFi dollar peg risk back in focus. A Bitget report said the token briefly touched $0.93 during the selloff. The report framed Apyx’s response as a design point: apxUSD’s reserve risk is largely borne by Strategy’s STRC preferred stock…

Published 12 hours ago in
A stablecoin tied to Strategy stock depegs putting a new DeFi dollar risk in focus as Bitcoin sells off

Apyx’s apxUSD fell below its dollar reference on June 4 as Bitcoin traded near $63,000, putting DeFi dollar peg risk back in focus. A Bitget report said the token briefly touched $0.93 during the selloff. The report framed Apyx’s response as a design point: apxUSD’s reserve risk is largely borne by Strategy’s STRC preferred stock…
Read More

Continue Reading
Crypto Currency

Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops

Crypto Daybook Americas Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops Your day-ahead look for June 5, 2026 By Shaurya Malwa| Edited by Sheldon Reback Jun 5, 2026, 11:25 a.m. 3 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred

Published 12 hours ago in
Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops
Crypto Daybook Americas

Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops

Your day-ahead look for June 5, 2026

By Shaurya Malwa|Edited by Sheldon Reback
Jun 5, 2026, 11:25 a.m.
3 min read

Make preferred on

Share this article
X iconX (Twitter)LinkedInFacebookEmail

Make preferred on

Trading desk. (TyliJura/Pixabay)
Summary

This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already.

In recent weeks, bitcoin BTC$65,166.20 sentiment has been most bullish when the price was highest and most bearish exactly when it was most stressed, according to Santiment data covering May 21 through June 4.

Peak bullishness hit on May 22, with bitcoin near its high of $78,000 for the period. The most bearish came June 3, with bitcoin near the low. While sentiment is not a timing tool, peak conviction at the highs and peak fear at the lows is the inverse of where the trade usually pays.

(Santiment)

Bitcoin was recently trading near $62,400, down about 20% from the late-May peak. The risk picture has cracked alongside it.

The investments into artificial intelligence (AI) companies that pulled global equities to record highs this year has stalled after Broadcom’s chip forecast fell short of expectations. South Korea’s KOSPI index fell 4.7%, and the won and Indonesia’s rupiah are at multiyear lows as capital flees emerging Asia.

U.S. spot bitcoin ETFs ended a 13-day, $4.4 billion outflow streak on Thursday with a tiny $3.05 million inflow. Spot ether ETFs ended their parallel 17-session streak with $19.30 million on the same day. Both numbers are too small relative to the streaks they ended to call it a regime change.

Friday’s U.S. nonfarm payrolls report at 8:30 a.m. ET is the binary catalyst. A soft print revives Federal Reserve interest-rate cut expectations under new Chair Kevin Warsh and likely takes risk assets back up, while a hot print may extend the unwind.

And keep an eye on how bitcoin behaves at the $60,000 round number if it gets tested before the data lands. Stay alert!

Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead.”

What’s trending

  • Zcash plummets 38% as Shielded Labs reveals a major bug that went undetected for four years (CoinDesk): Shielded Labs published a detailed disclosure on X, revealing a now-plugged vulnerability that, if exploited, could have allowed an attacker to create an unlimited number of counterfeit ZEC tokens, completely undetected.
  • JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network (CoinDesk): America’s biggest banks plan to build a shared, tokenized deposit network by the first half of 2027 to protect their deposits from the threat posed by stablecoins.
  • Bitcoin and ether ETFs end record multi-billion outflow streak (CoinDesk): U.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million entirely into BlackRock’s ETHA.
  • U.S. and Iran show little progress in talks after week of clashes (Bloomberg): The U.S. and Iran have made little progress in talks over an interim peace deal this week, with both sides seeing their worst clashes since an April ceasefire began and fighting continuing in Lebanon.

Today’s signal

Chart of total market cap (excluding 1src largest cryptocurrencies) to bitcoin's market cap.

The chart shows weekly changes in bitcoin’s market capitalization relative to an index of altcoins that excludes the 10 largest tokens.

Bitcoin has underperformed for several weeks as the altcoin measure became stronger, and the ratio recently tested a resistance level that has persisted for over a year.

If declines in zcash, hyperliquid and near continue, the chances are that it will drop further back.

Crypto Daybook Americas
Related Assets
Bitcoin$65,158.73

1.06%
Crypto Daybook Americas
Related Assets
Bitcoin$65,158.73

1.06%

Latest Crypto News
  1. 1
    Ballooning U.S. debt sends investors to bitcoin, gold to shelter from dollar devaluation

    26 minutes ago
  2. 2
    Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses

    37 minutes ago
  3. 3
    Coinbase CEO Brian Armstrong criticizes crypto startups that rebrand to AI

    1 hour ago
  4. 4
    Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets

    1 hour ago
  5. 5
    Interest rates in U.S., U.K., Japan and Coinbase, Strategy earnings: Crypto Week Ahead

    1 hour ago
  6. 6
    Cloud data firm Storj files for Chapter 11, extending a week of crypto failures. Token slides 16%

    2 hours ago
  7. 7
    Live updates: Bitcoin rises above $65,000 as oil tumbles on Iran war cooldown

    4 hours ago
  8. 8
    Crypto is the canary in the coal mine for the quantum computing threat, experts say

    5 hours ago
  9. 9
    Bitcoin is back above $65,000 as U.S. and Iran hold fire. Oil drops 5%

    7 hours ago
  10. 10
    South Korea trading giant puts receivables onchain in tokenization test with LG CNS

    11 hours ago

Latest Research
Market Spotlight Square Image

Crypto Flows, Share and the Selective Rotation

By CoinDesk Research
Jul 22, 2026

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Why it matters:

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

View Full Report
More From Crypto Daybook Americas
1 kg gold bars set out in ranks.

Ballooning U.S. debt sends investors to bitcoin, gold to shelter from dollar devaluation

Nascar car number 98 showing Dogecoin branding. (Josh Wise)

Crypto’s institutional influx has killed the memecoin craze

Bulls fighting. (Bykofoto/Shutterstock)

Bulls face a test unlike anything in bitcoin’s 17-year history

More From Bitcoin
1 kg gold bars set out in ranks.

Ballooning U.S. debt sends investors to bitcoin, gold to shelter from dollar devaluation

Bitcoin ETF flows, July 24 (SoSoValue)

Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses

Brian Armstrong speaks at Consensus 2src19.

Coinbase CEO Brian Armstrong criticizes crypto startups that rebrand to AI

!–>!–>!–>!–>!–>!–>!–>!–>!–>!–>!–>
Read More

Continue Reading