Two prominent crypto-related firms, american bitcoin (abtc) and procap financial (brr), added a total of 465 btc to their holdings. while this demonstrates continued institutional accumulation and confidence, the amount is relatively modest in the context of the overall bitcoin market, leading to a low immediate price impact. the article also notes both companies' stocks are down significantly over the past several days despite these additions, suggesting broader market factors are currently at play for these entities.
The information is sourced from coindesk, a reputable crypto news outlet, reporting directly on press releases from the involved companies (abtc and procap financial) and verifiable holdings data from bitcointreasuries.net.
The accumulation of bitcoin by companies, especially those with high-profile founders/leaders, is fundamentally bullish for the asset in the long term as it signifies conviction and reduces circulating supply. however, the relatively small scale of these specific purchases and the negative short-term performance of the companies' own stocks suggest that these particular events will have a neutral immediate impact on btc's price, with any positive sentiment being minor and potentially overshadowed by other market dynamics.
Consistent accumulation by publicly traded companies removes bitcoin from the liquid supply and indicates strong conviction in its long-term value, which generally contributes to long-term price appreciation rather than short-term spikes.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Eric Trump's American Bitcoin and Anthony Pompliano's ProCap Add to BTC Holdings The shares of both bitcoin-related firms are posting modest early gains Wednesday, but remain sharply lower over the past several days. By James Van Straten | Edited by Stephen Alpher Dec 10, 2025, 2:20 p.m. Eric Trump speaks at Consensus 2025 in Toronto (CoinDesk) What to know : American Bitcoin (ABTC) added 416 bitcoin in the past week, raising its holdings to 4,783 coins. ProCap Financial (BRR) — whose SPAC merger was completed last week — marginally lifted its holdings to 5,000 bitcoin. American Bitcoin Corp. (ABTC), co-founded by Eric Trump, who now serves as its chief strategy officer, added 416 bitcoin to its reserve in the week ended Dec. 8. The company, majority owned by bitcoin miner Hut 8 (HUT), now holds 4,783 BTC, according to a Wednesday press release . ABTC's benchmark metric Satoshis Per Share (SPS) rose to 507, up more than 17% in just over a month, said Trump. SPS represents the amount of bitcoin tied to each outstanding share. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . ABTC stock is up marginally in early Wednesday trading, though has yet to recover from its 50% flash crash on Dec. 2 triggered by pre-merger private placement shares being unlocked . ProCap Financial (BRR) — which last week completed its SPAC merger and is led by Anthony Pompliano — meanwhile, added a modest 49 bitcoin to its stack to reach the 5,000 coin level. The latest purchase also generated a realized loss that can offset future gains, according to a press release . "By using a tax conscious optimization strategy, we created real value for shareholders," said Pompliano. BRR is also up modestly in early trading, though down more than 60% over the past several days. According to bitcointreasuries.net , BRR and ABTC rank as the 21st and 22nd largest publicly-traded companies holding bitcoin. Anthony Pompliano Eric Trump Bitcoin News More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Polkadot Rises 4% as Crypto Markets Stabilize By CD Analytics , Will Canny | Edited by Stephen Alpher 1 hour ago The token has support at the $2.19 level and resistance at $2.39. What to know : DOT climbed from $2.13 to $2.21 in the last 24 hours. An exceptional volume surge of 15.89M tokens drove a breakout attempt before momentum faded. The token consolidated around the $2.19-$2.20 zone with resistance capping gains near $2.39. Read full story Latest Crypto News Telegram Ring Ran Pump-and-Dump Network That Netted $800K in a Month: Solidus Labs 20 minutes ago Helium Expands to Brazil With Mambo WiFi in DePIN Breakthrough 50 minutes ago Polkadot Rises 4% as Crypto Markets Stabilize 1 hour ago Filecoin Trades Little Changed, Underperforms Wider Crypto Markets 1 hour ago Bitcoin Volatility Is Still Compressing, Dimming Year-End Rally Outlook 1 hour ago Superstate Rolls Out Direct Stock Issuance for Public Companies on Ethereum, Solana 1 hour ago Top Stories Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility 2 hours ago IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet 6 hours ago Binance Co-CEO Yi He’s WeChat Account Hacked to Push Memecoin MUBARA 8 hours ago Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases 4 hours ago Ether, Silver in the Spotlight: Crypto Daybook Americas 2 hours ago Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis 2 hours ago