Eric Trump: American Bitcoin’s Strategy is Accumulating BTC, Not Chasing Hashrate

American Bitcoin Corp. (NASDAQ:ABTC) is prioritizing the accumulation of Bitcoin (BTC) over simply increasing its mining capacity, according to Eric Trump, co-founder and Chief Strategy Officer. The company’s approach differs from some peers in the Bitcoin mining industry, focusing on the “underlying economics” rather than solely on hashrate and mining statistics.

Long-Term Bitcoin Accumulation

During American Bitcoin’s fourth-quarter earnings call, Trump emphasized the company’s long-term belief in Bitcoin. “We believe in Bitcoin in the long term, and when there are right and opportunistic moments where we believe that we can get a strong return on mining, we will do so,” he stated. The core growth metric for American Bitcoin is simple: increase Bitcoin holdings.

Trump explained that the company will prioritize mining investments when it can secure favorable deals on machines, expand operations, and maintain low energy costs. When such opportunities aren’t available, American Bitcoin will continue to accumulate Bitcoin directly through purchases.

Recent Growth and Holdings

American Bitcoin increased its BTC holdings by 58% quarter-over-quarter and mined BTC at a 53% discount to prevailing market prices, according to its latest earnings report. As of January 27, 2026, the firm holds 6,039 BTC, valued at approximately $409 million . Unlike some other publicly traded miners, American Bitcoin also generates new BTC through in-house mining operations.

The company reported a 159% year-over-year revenue growth, a result Trump described as “an amazing story.”

Company Background and Ownership

American Bitcoin, a majority-owned subsidiary of Hut 8 Corp. (NASDAQ:HUT), began trading on the Nasdaq Exchange in September 2025 . The company was formed through a merger with Gryphon Digital Mining and a contribution of mining ASICs from Hut 8, which now retains an estimated 80% ownership stake. Donald Trump Jr. And Eric Trump collectively own approximately 20% of American Bitcoin .

Stock Performance

Despite the company’s growth in Bitcoin holdings and revenue, American Bitcoin’s stock has experienced a significant decline, falling 87% since its initial public offering .