American company American BitcoinBitcoin mining and storage company co-founded by Eric Trump has overtaken Galaxy Digital in total Bitcoin holdings, allowing it to take the top spot 16th place in the ranking the largest public corporate holders of the flagship coin in the world.
Currently on American’s balance sheet Bitcoin holds 6,899 BTC, worth approximately $491 million. Meanwhile, Galaxy Digital’s reserves are estimated at 6,894 coins. The difference is small—just five bitcoins. This means that after each mining cycle or with each BTC purchase, these companies’ rankings will change.
American Bitcoin was founded in March 2025 as a subsidiary of Hut 8, which holds a controlling stake in the company. Eric Trump became the company’s co-founder and chief strategy officer.
Recently American Bitcoin acquired 11,298 ASIC miners for its Drumheller facility. The acquisition is expected to increase the company’s production capacity by approximately 12%. This will directly impact its growth rate. Bitcoin-reserves. And if Galaxy Digital doesn’t increase its balance sheet to a similar extent, the gap between the two companies will widen due to mining alone.
However, Galaxy Digital shouldn’t be written off. In March 2026, the company fully relocated its operations to the US and began trading on the Nasdaq under the ticker GLXY.
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