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#GateSquareAprilPostingChallenge
The Trump family launched a Bitcoin mining company one year ago today
American Bitcoin (ABTC) now holds over 7,000 BTC worth $474 million
16th largest public Bitcoin holder on Earth
The stock started trading on Nasdaq at $9 and is sitting at $0.83 today
Down 90% in 6 months
The company lost $153 million last year
They just bought 11,298 new mining rigs while every other miner is selling theirs for AI
Trump Media holds another 9,542 BTC separately
The president's family now controls over 16,500 Bitcoin across two public companies worth $1.1 billion