Posted by WallStreetQueenOfficial
March 18, 2026 – Benin City, Edo State, Nigeria (current time: 07:45 PM WAT)

American Bitcoin (ABTC), the mining and treasury firm co-founded with backing from Eric Trump (Chief Strategy Officer) and Donald Trump Jr., has quietly climbed the Bitcoin treasury rankings to become the 16th largest public holder of BTC. The company now owns 6,899 BTC (valued at approximately $491 million at current prices around $71,092), edging out Mike Novogratz’s Galaxy Digital (GLXY), which holds 6,894 BTC.

This shift underscores the rapid rise of Trump-affiliated entities in the corporate Bitcoin space. Trump Media & Technology (DJT) already ranks higher with 9,542 BTC. Together, these holdings highlight how political branding and family involvement are fueling competition among public companies to build large Bitcoin reserves — even as the broader market navigates geopolitical risks (Iran conflict), sticky inflation, and macro caution.

American Bitcoin’s Fast Rise

American Bitcoin was launched in March 2025 as a majority-owned subsidiary of Hut 8 (HUT), which initially held an 80% stake. The remaining 20% went to strategic investors, including Eric Trump and Donald Trump Jr. Unlike many mining firms pivoting toward AI infrastructure (e.g., Core Scientific, Hut 8 itself), American Bitcoin has doubled down on pure Bitcoin mining and treasury accumulation.

Recent moves accelerating its climb:

• In March 2026, ABTC acquired 11,298 ASIC miners for its Drumheller, Alberta facility.
• The expansion adds ~3.05 EH/s of hashrate (roughly 0.3% of global network power) and lifts total capacity by ~12%.
• Focus remains on mining efficiency and balance-sheet BTC accumulation — no AI pivot announced.

BitcoinTreasuries.net now ranks ABTC at #16, just ahead of Galaxy Digital. Top holders remain:

• Strategy (MSTR): 761,068 BTC
• Marathon Digital (MARA)
• Twenty One Capital
• Others: Bullish (BLSH), Coinbase (COIN), Tesla (TSLA)

Broader Trump Crypto Ecosystem Momentum

American Bitcoin’s rise follows:

• Trump Media & Technology (DJT) holding 9,542 BTC
• Mar-a-Lago gala luncheon announced for top 297 $TRUMP token holders (April 25, 2026)
• World Liberty Financial (Trump-family-linked project) hosting crypto conferences at Mar-a-Lago

These developments are energizing the pro-Trump crypto community and driving narrative momentum for politically themed assets, treasury strategies, and mining plays.

Market Context & BTC Price Action

BTC trades near $71,092 today (down ~4% in the past 24 hours) after pulling back from recent highs near $74,000. The dip aligns with renewed Iran escalation fears (South Pars gas field attack, Strait of Hormuz risks) and hotter U.S. PPI data — both pressuring risk assets ahead of today’s Fed decision.

Despite the pullback, BTC remains resilient relative to equities and gold in recent weeks — a trend Bitwise CIO Matt Hougan attributes to institutional “diamond hands” and sticky ETF inflows.

Current levels:

• Support: $70,000–$71,000 (psychological + recent swing area)
• Resistance: $74,000 (recent high) → break needed for short squeeze toward $76K–$78K
• Range: $69K–$74K (entrenched since early February)

Trading Implications & WallStreetQueenOfficial Edge

Corporate Bitcoin treasury growth (ABTC, DJT, Strategy, etc.) adds long-term buy-side pressure — especially as more firms compete to accumulate BTC on balance sheets. Short-term, macro/geopolitical noise (Iran, oil spikes, Fed) dominates, but institutional conviction remains a stabilizing force.

WallStreetQueenOfficial has been capitalizing on these narratives:

• Longs triggered on BTC dips near $66K–$68K earlier this month (tight stops, 20x–75x leverage setups)
• Recent winners: 123%+ EGLD short during flush, 118%+ GALA reversal, 106%+ QNT long on DeFi strength, multiple 70–120%+ altcoin calls (HYPE, SKY, TAO, SUI moves)

We deliver:

• Real-time alerts on corporate BTC treasury updates (BitcoinTreasuries.net), ETF flows, and macro catalysts
• High-accuracy signals blending on-chain whale activity, institutional positioning, and geopolitical headlines
• Live breakdowns of Trump-linked crypto ecosystem momentum and mining/treasury plays
• VIP community discussion tuned to Benin City / Port Harcourt WAT for traders across Nigeria and global markets

American Bitcoin overtaking Galaxy Digital is more than a ranking flip — it’s a symbol of how political branding, family involvement, and corporate treasury strategies are reshaping Bitcoin ownership in 2026. As firms like ABTC double down on mining and accumulation, the long-term accumulation narrative strengthens — even amid short-term macro volatility.

From Benin City to Wall Street, WallStreetQueenOfficial turns these corporate treasury trends, geopolitical risks, and on-chain signals into high-conviction, profitable trades.

Ready to position for the next BTC treasury wave? Join our VIP channel for exclusive signals, live chart breakdowns, and real-time commentary.

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Disclaimer: Cryptocurrency trading involves substantial risk of loss and is not suitable for everyone. This is not financial advice — always DYOR, manage risk properly, and consult professionals if needed. 🚀💰