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The mining company ABT holds 215 Bitcoins, and Eric Trump will join the board.
PANews reported on June 10 that American Bitcoin (ABTC), an American bitcoin mining company, has held a total of 215 BTC worth more than $23 million since its establishment in April this year. ABTC said in a filing with the SEC that Bitcoin reserves are its core strategic asset, and the accumulation strategy will continue to adjust according to market conditions, with the goal of holding coins for a long time. ABTC plans to go public through a merger with Gryphon Digital Mining, with Eric Trump joining the board. The company currently has more than 60,000 mining rigs deployed at Hut 8 managed mines in New York, Alberta and Texas, with a hashrate of 10.17 EH/s.