Bitcoin Magazine

American Bitcoin Adds 416 BTC, Holdings Near 4,800; ProCap Hits 5,000 Bitcoin Club

American Bitcoin Corp. (Nasdaq: ABTC) continued to expand its BTC treasury, adding roughly 416 BTC over the past week and lifting total holdings to about 4,783 BTC as of Dec. 8, according to a company update released Wednesday. 

The latest additions bring American Bitcoin’s reserve to one of the largest among U.S.-listed companies focused on BTC accumulation. The holdings were built through a mix of in-house mining and strategic market purchases, the company said. 

The total also includes BTC held in custody or pledged as collateral for miner purchases under a supply agreement with hardware manufacturer Bitmain.

American Bitcoin, which listed on Nasdaq earlier this year, also reported an increase in its proprietary “Satoshis Per Share” metric, or SPS. 

As of Dec. 8, SPS stood at 507, up more than 17% in just over a month. The measure reflects the amount of BTC attributable to each outstanding common share and is intended to give equity investors clearer visibility into their indirect exposure to BTC through the company’s stock.

Eric Trump, American Bitcoin’s co-founder and chief strategy officer, said the pace of accumulation reflects the company’s operating model and cost structure. 

In comments included with the update, Trump said the firm has built “one of the largest and fastest growing bitcoin accumulators” within three months of listing, supported by margins designed to favor long-term value creation rather than short-term price moves.

JUST IN: Eric Trump and Donald Trump Jr. backed American Bitcoin, acquires an additional 416 BTC.

They now hold 4,784 Bitcoin pic.twitter.com/Uo5aKLAfri

— Bitcoin Magazine (@BitcoinMagazine) December 10, 2025

Shares of ABTC were modestly higher in early Wednesday trading, though the stock remains well below recent highs following a sharp selloff earlier this month. 

On Dec. 2, ABTC shares fell roughly 50% in a session after pre-merger private placement shares became freely tradable, increasing supply and pressure on the stock.

Anthony Pompliano’s ProCap Financial buys more Bitcoin 

American Bitcoin’s expansion comes as other newly listed firms also grow their BTC reserves. ProCap Financial (Nasdaq: BRR), led by Anthony Pompliano, said this week it increased its holdings to 5,000 bitcoin, adding 49 BTC following the completion of its SPAC merger. 

ProCap said the purchase was structured to realize a tax loss that could offset future gains, a strategy the firm framed as shareholder-friendly capital allocation.

Pompliano described the move as part of a broader plan to maximize long-term BTC accumulation while maintaining balance-sheet flexibility. ProCap reported holding more than $175 million in cash, which it said provides capacity for additional purchases and operations.

Despite recent buying activity, shares of both companies remain under pressure. BRR stock has fallen more than 60% over the past several days. 

According to data from bitcointreasuries.net, ProCap and American Bitcoin now rank among the top publicly traded companies holding BTC, placing 21st and 22nd, respectively. 

This post American Bitcoin Adds 416 BTC, Holdings Near 4,800; ProCap Hits 5,000 Bitcoin Club first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Price Rebounds to $86,000 as Deutsche Bank Flags Five Forces Behind the Sell-Off

The bitcoin price is coming off its worst week since February, sliding more than 30% from last month’s highs and reopening an old question for investors: why is this happening now? According to Deutsche Bank, the sell-off isn’t driven by a single catalyst but a combination of market psychology, macro pressure, and shifting investor behavior.

The bank points first to a broader risk-off mood. Bitcoin is behaving less like an independent monetary asset and more like an extended-duration tech stock — moving closely with the Nasdaq-100 as investors de-risk across the board. That correlation has tightened as macro uncertainty rises.

The second driver is the Federal Reserve. Jerome Powell’s recent comments threw cold water on hopes for a guaranteed December rate cut, though New York Fed President John Williams later softened the message. Higher-for-longer rates sap enthusiasm for speculative assets, and the Bitcoin price reaction is no exception.

Regulatory limbo is another weight. Progress on the Digital Asset Market Clarity Act has slowed in the Senate, muting institutional confidence just as new players were beginning to enter the market.

Meanwhile, institutional outflows are accelerating. Several large funds have been trimming positions through November, adding mechanical sell pressure. And long-term holders — some sitting on massive gains after multiple halving cycles — are taking profits into year-end, further amplifying downside momentum.

Bitcoin price traded near $86,000 Monday morning after a modest weekend bounce, recovering from Friday’s close around $84,53. The move raises a bigger debate: is this a healthy correction or the start of something deeper?

Bitcoin price and the Fed: Waller wants to cut ruts

Fed Governor Christopher Waller added nuance to the macro picture. He backed a December rate cut, citing weakening labor markets and stable inflation in the 2.4%–2.5% range. But he warned that January will be “tricky,” emphasizing a strictly data-dependent, meeting-by-meeting approach. 

Waller also recently met with Treasury Secretary Scott Bessent amid speculation about a potential Fed Chair nomination, noting that he supports continuing press conferences — though their format may evolve.

Pompliano: Bitcoiners are built for this volatility

Anthony Pompliano offered a wider lens on CNBC this morning, arguing that the Bitcoin price drawdown is historically normal — almost mundane — for seasoned holders. Over the last decade, Bitcoin has seen 21 drawdowns of 30% or more, he said, seven of which exceeded 50%. This level of volatility would resemble “a global financial crisis every year and a half” in traditional markets, but Bitcoin natives view it as routine.

JUST IN: Anthony Pompliano says on CNBC that #Bitcoin is close to bottoming out and slowly grinding back pic.twitter.com/DGIiMTq0ow

— Bitcoin Magazine (@BitcoinMagazine) November 24, 2025

The panic, he argued, is coming from newer Wall Street entrants who aren’t accustomed to such violent swings. Year-end incentives, portfolio rotation, and fear-driven selling are all contributing to the pressure.

But with volatility compressing compared to past cycles, Pompliano believes the current 35% pullback may represent a bottoming process rather than a deep, 70–80% bear-market collapse.

Leverage has also reset, he noted, with open interest sharply lower since the October liquidations. Combined with extreme readings in the Fear and Greed Index, he argues the market is setting the stage for stabilization and a gradual grind higher.

Pompliano says he’s still accumulating, expecting the Bitcoin price to maintain long-term annualized returns in the 20–35% range—lower than the last decade, but still stronger than equities.

Last Friday, the Bitcoin price entered one of its most fragile moments of the cycle, reflecting both price action and on-chain data. It fell to $80,524 on Friday, its lowest since April, dropping over 35% from its all-time high and wiping out all year-to-date gains, dragging overall market risk sentiment down.

Since then, the price rebounded to around $84,000, showing high volatility. Glassnode data revealed realized losses spiking to levels last seen during the November 2022 FTX collapse, with short-term holders—those who bought within 90 days—selling heavily. Realized-loss dominance surged into ranges typically associated with panic.

At the time of writing, the bitcoin price is at $86,003.

This post Bitcoin Price Rebounds to $86,000 as Deutsche Bank Flags Five Forces Behind the Sell-Off first appeared on Bitcoin Magazine and is written by Micah Zimmerman.