ChainThink report, March 5: Documents show that two directors of American Bitcoin (ABTC), a Bitcoin mining firm backed by the Trump family, collectively acquired approximately 1.63 million shares of company stock shortly after the end of the blackout period following financial results disclosure. Justin Mateen purchased around 1.3 million shares at an average price of roughly $1, while Richard Busch acquired approximately 330,000 shares over the past two days.

The company previously reported a net loss of approximately $59 million for Q4 2025. Co-founder Eric Trump stated that the company currently holds over 6,500 BTC, an increase of about 500 BTC since the last disclosure, ranking ABTC 17th among publicly traded companies globally in terms of Bitcoin holdings.

ABTC employs a dual strategy of "mining + direct coin acquisition," with roughly one-third of its Bitcoin production derived from mining operations, and the remainder obtained through market purchases and strategic transactions. The company also announced the acquisition of 11,298 ASIC miners, which is expected to increase its total hash rate by approximately 12%. Currently, Eric Trump and Donald Trump Jr. collectively hold approximately 20% of the company's equity.