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American Bitcoin's holdings increased to 6,899 Bitcoins, rising to 16th place in the corporate Bitcoin treasury rankings.
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American Bitcoin, associated with the Trump family, announced on Wednesday that its Bitcoin holdings have increased to approximately 6,899, surpassing Galaxy Digital to rise to 16th place in the corporate Bitcoin treasury rankings. The company held 6,500 Bitcoins approximately two weeks ago, and its current holdings are worth approximately $492 million.
It is worth noting that Trump Media Technology Group holds approximately 9,500 bitcoins, ranking 13th among publicly traded companies.