American Bitcoin, backed by the Trump family, has accumulated 215 Bitcoins. According to Cointelegraph, American Bitcoin (ABTC), a Bitcoin mining enterprise supported by Eric Trump and Donald Trump Jr., has accumulated 215 $BTC since its establishment in April this year, valued at over $23 million. In documents submitted to the U.S. SEC, ABTC stated that Bitcoin reserves are its core strategic assets, and the accumulation strategy will be continuously adjusted based on market conditions, aiming for long-term holding. ABTC plans to go public through a merger with Gryphon Digital Mining, with Eric Trump joining the board of directors. The company currently deploys over 60,000 mining machines in Hut 8 mining farms in New York, Alberta, and Texas, with a total hash rate of 10.17 EH/s.