Official Trump (TRUMP) memecoin surged over 20% on Monday, following a Monday statement from digital asset treasury American Bitcoin (ABTC) that it acquired 1,414 BTC, worth over $160 million, last week. As of October 24, American Bitcoin, co-founded by President Trump's sons Eric and Donald Trump Jr., holds 3,865 BTC, worth over $440 million at Bitcoin's price at the time of publication. The latest purchase has lifted the company to the 26th position among public Bitcoin DATs, but it is far behind Strategy, which holds 640,808 BTC, according to data from BitcoinTreasuries. American Bitcoin also introduced a new ... (full story)