PANews reported on December 13 that Emmett Gallic, the on-chain analyst who previously disclosed the analysis of the "1011 insider whale," published an article on the X platform revealing updated Bitcoin reserves data for American Bitcoin (ABTC), a publicly traded crypto mining company backed by the Trump family. ABTC has increased by approximately 623 BTC in the past seven days, with about 80 coming from mining revenue and 542 from strategic acquisitions on the open market. As of now, ABTC's total Bitcoin holdings have increased to 4,941, with a current market value of approximately $450 million.
