American Bitcoin Corp. has strengthened its position in the corporate crypto race after adding 416 BTC to its reserves. The fast-growing firm now holds 4,783 BTC, edging past GameStop and signaling a stronger push into Bitcoin accumulation as its leadership doubles down on aggressive growth.
American Bitcoin Edges GameStop With Rapid Accumulation
American Bitcoin now sits just ahead of GameStop in reported Bitcoin holdings. GameStop has 4,710 BTC, valued at about $434 million, according to Bitcoin Treasures. In contrast, American Bitcoin’s stash stands at around $440 million. The difference of 73 BTC gives the company roughly a $6.7 million lead. While the margin is slim, the pace of accumulation shows sharp intent.
The company’s co-founder and chief strategy officer, Eric Trump, said the move fits the firm’s high-speed accumulation plan. He stressed that “Satoshis Per Share (SPS)” jumped more than 17% in a little over a month. He pointed to the 416 BTC purchase as proof of the strategy at work. He also noted that American Bitcoin ranks among the largest and fastest-growing Bitcoin accumulators since its Nasdaq debut three months ago.
Eric Trump added that the company benefits from a strong cost structure and a lean margin profile. He said these factors help long-term value creation. He also signaled that the firm plans more buys over the coming months. Meanwhile, the company’s shares closed 1.49% higher on Dec. 9. Even so, they still face pressure since pre-merger private placement shares entered public trading.
Strive Steps In With a $500 Million BTC Plan
Strive Asset Management, which is linked to Vivek Ramaswamy, has also pushed deeper into Bitcoin. The company announced a $500 million preferred stock sale to fund more BTC purchases. It said the proceeds may support general corporate needs, Bitcoin-focused products, and new investments. This move underscores a broader wave of corporate interest in Bitcoin accumulation.
According to BitcoinTreasuries data, Strive holds 7,525 BTC. The stash is estimated to be worth nearly $696 million. This makes Strive the 14th-largest corporate Bitcoin holder. The company said it will also pursue income-generating assets and finance acquisitions in the digital asset space. It did not name any specific targets.
Earlier, Strive outlined a bold plan to buy 75,000 BTC in Mt. Gox bankruptcy claims. That announcement came in May during a merger. The firm has since positioned itself as a major player in institutional Bitcoin strategies. The new offering signals that its plans are far from over. Both Strive and American Bitcoin show that institutional interest continues to grow. The pace is quick, and the competition is clear.
Together, these moves highlight a rising trend. Corporate players are now racing to build strategic Bitcoin reserves as part of their long-term growth plans. American Bitcoin’s leap ahead of GameStop marks only the latest shift in a contest that keeps gaining speed.
