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Collins J. Okoth

American Bitcoin Adds 139 BTC, Bringing Total Reserve to $415M

American Bitcoin, a Nasdaq-listed mining firm linked to President Donald Trump's sons, expanded its Bitcoin treasury by 139 BTC, bringing total holdings to $415 million, according to a November 7 announcement. The company's shares closed at $4.64 on the announcement date, up 2.20% despite intraday volatility between $4.08 and $4.65. The firm accumulates Bitcoin through mining operations and strategic market purchases.