🔶 Trump-Backed Bitcoin Miner ABTC Accumulates 215 BTC Quietly! 🔶
Eric Trump & Donald Trump Jr. ki backing se launch hua American Bitcoin (ABTC) ne April 2025 se ab tak 215 BTC (≃ $23M) quietly mine kar liya hai.
💬 ABTC ne SEC filing me likha:
"Bitcoin accumulation is not a byproduct — it is the business."
Key Highlights:
🔸 60,000+ miners (Bitmain + MicroBT)
🔸 Facilities in NY, Alberta, Texas (managed by Hut 8)
🔸 10.17 EH/s hashrate, 21.2 J/TH power efficiency
🔸 Pools: Foundry, Luxor (fees < 1%)
🔸 BTC stored via Coinbase Custody (cold wallets + MFA)
🔸 Public listing coming via Gryphon Digital Mining merger
🔸 Eric Trump to join board after merger
🔸 ABTC shareholders to own ≈ 98% of merged firm
📈 ABTC's strategy:
Mine BTC at low cost
Use capital to increase reserves
Engage with Bitcoin’s broader Layer 2 ecosystem
🧠 Bitcoin + Political Influence = Strategic Accumulation?
Market sentiment stays bullish. Social buzz is growing. RSI near overbought zones.
Next breakout incoming?
📌 Do you think political involvement in Bitcoin is a long-term bullish signal?
👇 Share your opinion in the comments!
