Investment
Features
FeesSafety
Academy
More
Pluang+

American Bitcoin boosts Bitcoin reserves past 7,300 BTC with record Q1 production and purchases.

Protocol Fundamentals
07 May 2026
Blockonomi
View Source
Bullish
pluang ai news

American Bitcoin increased its Bitcoin holdings to over 7,300 BTC, valued at around $592 million, after producing 817 BTC and purchasing 803 BTC in Q1 2026. Despite a 22% drop in Bitcoin price, the company expanded its reserves by roughly 1,600 BTC in the quarter, improving satoshis per share by 20%. Operational efficiencies lowered mining costs by 23%, while capacity grew nearly 12% with new miners at the Drumheller site. The company remains focused on disciplined growth amid market challenges.

More News

Zcash nears $600 as strong bullish momentum drives price higher.

Zcash nears $600 as strong bullish momentum drives price higher.

Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...

Technical Signals
Bullish
4 hours ago
Ethereum nears $2,217 as it breaks key resistance and shows strong bullish momentum.

Ethereum nears $2,217 as it breaks key resistance and shows strong bullish momentum.

Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...

Technical Signals
Bullish
4 hours ago
Bitcoin climbs above key moving averages, eyes $68K as bullish momentum builds.

Bitcoin climbs above key moving averages, eyes $68K as bullish momentum builds.

Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...

Technical Signals
Bullish
4 hours ago
New non-profit ETHSystems boosts Ethereum's privacy push amid Ethereum Foundation scaling down.

New non-profit ETHSystems boosts Ethereum's privacy push amid Ethereum Foundation scaling down.

ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...

Protocol Fundamentals
Bullish
4 hours ago
Lockheed Martin Ventures opens London office to invest $100M in UK and Europe defense tech startups

Lockheed Martin Ventures opens London office to invest $100M in UK and Europe defense tech startups

Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App