According to a company press release, American Bitcoin (ABTC) acquired 1,414 BTC during the period ended October 24, bringing its strategic reserve to 3,865 BTC and lifting its sats-per-share metric to 418, a 52% increase since September 1. 

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The new purchases were funded through both open-market buys and the company’s integrated mining operations, which supply BTC at a lower average cost than third-party acquisitions. 

As of October 24, the company held 3,865 BTC in custody or pledged for miner purchases under its Bitmain agreement—up from 2,451 BTC on September 1. Management said it will now provide periodic updates to Satoshis per Share (“SPS”), calculated by multiplying total Bitcoin holdings by 100 million satoshis per coin, divided by the outstanding share count. This transparency measure is meant to underscore the company’s focus on compounding Bitcoin per share.

Co-founder and Chief Strategy Officer Eric Trump commented, “We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share,” while Executive Chairman Asher Genoot added that integrated mining gives the company a structural cost advantage over vehicles that rely solely on open-market purchases. 

Read More: Bitcoin mining stock prices fall for second week in a row

At time of publication, ABTC is up 4% from Friday’s close.