PANews reported on December 10th that, according to PR Newswire, American Bitcoin Corp. (NASDAQ: ABTC) disclosed that its Bitcoin reserves increased to 4,783 as of December 8th, a 19.5% increase from November 5th. The company also updated its "Satoshis Per Share (SPS)" to 507, a 17.3% increase within the month. Approximately 416 new Bitcoins were added between December 2nd and 8th, originating from self-mining and strategic purchases; some Bitcoins are in custody or used as collateral for mining equipment purchases with BITMAIN.PANews reported on December 10th that, according to PR Newswire, American Bitcoin Corp. (NASDAQ: ABTC) disclosed that its Bitcoin reserves increased to 4,783 as of December 8th, a 19.5% increase from November 5th. The company also updated its "Satoshis Per Share (SPS)" to 507, a 17.3% increase within the month. Approximately 416 new Bitcoins were added between December 2nd and 8th, originating from self-mining and strategic purchases; some Bitcoins are in custody or used as collateral for mining equipment purchases with BITMAIN.
American Bitcoin increased its holdings by 416 bitcoins, bringing its total holdings to 4,783 bitcoins.
PANews reported on December 10th that, according to PR Newswire, American Bitcoin Corp. (NASDAQ: ABTC) disclosed that its Bitcoin reserves increased to 4,783 as of December 8th, a 19.5% increase from November 5th. The company also updated its "Satoshis Per Share (SPS)" to 507, a 17.3% increase within the month. Approximately 416 new Bitcoins were added between December 2nd and 8th, originating from self-mining and strategic purchases; some Bitcoins are in custody or used as collateral for mining equipment purchases with BITMAIN.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip
The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
The U.S. OCC has warned Wall Street about the "de-banking" of industries such as digital assets, calling such practices "illegal."
PANews reported on December 11th, citing CoinDesk, that President Trump's actions against the "debanking" of controversial industries such as digital assets have prompted the Office of the Comptroller of the Currency (OCC) to release a new report. The report further confirms past practices and warns that banks suspected of involvement could face penalties. This brief OCC report reviewed nine of the largest national banks in the United States, concluding that "between 2020 and 2023, these banks developed public and private policies that restricted certain industries from accessing banking services, including requiring escalating reviews and approvals before providing financial services." The report states that some large banks set higher barriers to entry for controversial or environmentally sensitive businesses, or activities that contradict the banks' own values. Financial giants such as JPMorgan Chase, Bank of America, and Citigroup are highlighted, with links to their past public policies, particularly those concerning environmental issues. The report states, "The OCC intends to pursue accountability for any illegal 'debanking' activities by these banks, including referring related cases to the Attorney General." However, it remains unclear which specific laws these activities may have violated.
Share
PANews2025/12/11 09:04
The "1011 Insider Whale" has added approximately 19,000 ETH to its long positions, bringing its latest position to 120,000 ETH.
PANews reported on December 11th that, according to on-chain analyst @ai_9684xtpa, as ETH briefly fell to the order book level, the "whale that opened short positions after the October 11th flash crash" has completed its shorting and added 19,108.69 ETH. Its latest holdings are 120,094.52 ETH, worth $392 million, with an opening price of $3,177.89 and a floating profit of $10.13 million.
Share
PANews2025/12/11 08:52