According to TechFlow TechFlow, on December 13th, Emmett Gallic, the on-chain analyst who previously disclosed the analysis of the "1011 insider whale," published an article on the X platform announcing 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, its total Bitcoin holdings have increased to 4941, with a current market value of approximately $450 million.
American Bitcoin added 613 BTC this week, of which approximately 80 were mined.
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