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Just found out that American Bitcoin now holds more than 6,000 BTC, precisely around 6,028 coins. That's quite a lot, especially considering BTC dominance is still strong in the market. Their current holdings are valued at about $468 million based on the latest BTC price.
It's interesting to see how this mining company backed by the Trump family continues to accumulate Bitcoin. With high BTC dominance, long-term hold strategies like this seem to be the main choice for major players.
Their position is also quite significant. From a market perspective, this is one way institutions are building up their Bitcoin reserves. Will they keep adding more or stay stable here?