American Bitcoin (ABTC), a mining company established by Eric Trump, has increased its Bitcoin holdings by acquiring an additional 261 BTC. This purchase brings the company's total Bitcoin reserves to 5,044 BTC. ABTC continues to view Bitcoin as a long-term reserve asset, acquiring it through exchanges and over-the-counter desks. The acquisition reflects growing institutional interest in Bitcoin's scarcity, particularly as the next halving event approaches. The transaction was tracked by BitcoinTreasuries, which monitors institutional Bitcoin holdings.