American Bitcoin has significantly expanded its corporate BTC position, boosting its total reserve to approximately 5,843 BTC. The company announced the new purchase in an X post today, and also reported a Bitcoin yield of roughly 116% since its Nasdaq debut on Sept. 3, 2025. The latest figures place American Bitcoin among the fastest-growing corporate holders in the United States. Since its Nasdaq debut, the company has gone from the 30th-largest Bitcoin treasury firm to the 18th-biggest following the latest buy. Big Week for Corporate Bitcoin Accumulation American Bitcoin’s announcement comes shortly after two major corporate Bitcoin developments earlier this week. On Monday, Strategy, which is the world’s largest corporate Bitcoin holder, disclosed another substantial purchase. Executive chair Michael Saylor revealed that the firm acquired 2,932 BTC for roughly $264.1 million , paying an average price of $90,061 per BTC. The buy pushed Strategy’s total reserves to 712,647 BTC. Strategy’s BTC holdings (Source: Bitcoin Treasuries) Strategy’s cumulative Bitcoin investment now stands at $54.19 billion, with a blended average purchase price of $76,040. Meanwhile in Tokyo, Bitcoin treasury firm Metaplanet also made headlines yesterday when it sharply upgraded its 2025 operating outlook while preparing to book a significant non-cash impairment tied to year-end Bitcoin pricing. Metaplanet reported that it increased its holdings from 1,762 BTC at the end of 2024 to 35,102 BTC by year-end 2025, a 19-fold increase that positions it as one of Asia’s most aggressive Bitcoin treasury players. The company now expects 8.905 billion yen ($58 million) in 2025 revenue and $40 million in operating income. However, the firm will report an ordinary loss of $632 million and a net loss of $491 million for 2025 due to an estimated $680–$700 million impairment on its expanding Bitcoin holdings. That write-down does not affect liquidity or cash flow, and the company emphasized that it reflects accounting rules rather than operational weakness. Institutions See Bitcoin as Undervalued Despite Market Stagnation The recent moves by American Bitcoin, Strategy, and Metaplanet also come as new data from Coinbase’s Charting Crypto Q1 2026 report suggests that institutional conviction in Bitcoin remains remarkably strong despite the asset’s muted performance in recent months. According to the survey, 71% of institutional investors and 60% of independent investors believe Bitcoin is undervalued in the $85,000 to $95,000 range. This is even as the asset struggles to regain momentum following its sharp October correction. Only 4% of institutional respondents view BTC as overvalued, while another 25% say it is fairly priced.
