Eric Trump, son of President Donald Trump, has reiterated his support for his father’s approach to cryptocurrency, downplaying the impact of ongoing trade tensions with China. On October 22, he described the recent tariff disputes as “part of the business,” noting that American Bitcoin (NASDAQ: ABTC) remains largely unaffected by the proposed 100% tax on Chinese imports, despite sourcing some mining equipment from China.
Instead, Eric emphasized the benefits the company has seen from declining energy costs for Bitcoin (BTC) mining since President Trump took office, describing this as a “major advantage” for ABTC’s operations.
Strategic Bitcoin Holdings Boost Investor Confidence
American Bitcoin’s shares rose 4.98% in pre-market trading on October 27, following the company’s announcement that it had purchased 1,414 BTC. At the time of writing, ABTC was trading at $5.90, up from a $5.62 close last Friday.
As of October 24, 2025, the company held approximately 3,865 BTC, acquired through a combination of mining operations and strategic purchases. This total includes Bitcoin held in custody or pledged to mining manufacturer Bitmain under equipment purchase agreements.
Introducing Satoshis Per Share
To improve transparency for investors, ABTC has introduced a new reporting metric called Satoshis Per Share (SPS). The metric calculates the number of satoshis — the smallest unit of Bitcoin — attributable to each share by dividing the company’s total BTC holdings by the number of outstanding shares. According to ABTC, SPS provides a clearer picture of the Bitcoin value underlying each share, giving investors a more precise measure of the company’s digital asset exposure.
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