American Bitcoin is entering its second year as a Nasdaq-listed company with a larger Bitcoin reserve, while co-founder Eric Trump renews his call for the United States to lead the global Bitcoin economy.

In a Sept. 3 post on X, Trump said American Bitcoin now holds 8,300 $BTC and operates nearly 90,000 mining machines. He also pointed to record quarterly production and gross margins near 50%, highlighting a model built around accumulating Bitcoin through production.

One year ago today, @ABTC listed on Nasdaq. Today: 8,300 Bitcoin on the balance sheet… Nearly 90,000 miners. Record quarterly production. One of the fastest-built public Bitcoin treasuries in the market mining at nearly 50% gross margins. Our mission at American Bitcoin… pic.twitter.com/Z4mwAWWmzq — Eric Trump (@EricTrump) September 3, 2026

A Growing Strategic Reserve

The latest reserve figure marks an increase from the roughly 8,000 $BTC the company reported at the end of June. American Bitcoin had already surpassed 7,000 $BTC in the first quarter, when it reported 817 $BTC of production and added more than 1,600 $BTC to its strategic reserve.

The company describes Bitcoin accumulation as its central objective, combining mining efficiency with reserve expansion. That approach gives American Bitcoin a distinct position among corporate treasury vehicles: instead of purchasing every coin at market prices, the company seeks to use mining infrastructure and access to power to build its reserve at operating costs below Bitcoin's market value. The strategy arrives amid a broader wave of publicly traded companies adding Bitcoin to their balance sheets, a trend popularized by firms such as Strategy (formerly MicroStrategy) and since adopted by dozens of listed companies across sectors.

Mining Economics Support the U.S. Bitcoin Push

American Bitcoin's operating figures provide a counterpoint to $BTC price volatility. The company reported a 52% mining gross margin in the first quarter and margins near 49% or higher in the second quarter.

Mining remains highly competitive after the 2024 halving reduced the block subsidy. Efficient hardware, power costs, and fleet utilization therefore remain critical to profitability. American Bitcoin has expanded its infrastructure while working with Hut 8, which provides access to large-scale mining facilities and operational resources.

The company's stock performance tells a different story. American Bitcoin completed a 1-for-15 reverse stock split in July after its Nasdaq listing came under pressure. The adjustment changed the share count but not shareholders' proportional ownership.

Eric Trump's latest comments frame the company's Bitcoin accumulation strategy around a long-term infrastructure thesis rather than short-term equity performance. The U.S. policy backdrop has also shifted since 2025, when the federal government established a Strategic Bitcoin Reserve, giving statements like Trump's call for American Bitcoin supremacy a broader context in the debate over where Bitcoin mining and holdings concentrate. If American Bitcoin continues increasing its reserve while maintaining strong mining margins, it could strengthen its position among publicly traded Bitcoin treasury companies and add another U.S.-based player to the race for institutional Bitcoin exposure.