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Reading: Trump-Backed American Bitcoin Jumps After $163M $BTC Buy – Could Altcoins Be Next?
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The cryptonews hub > Blog > Crypto News > Ethereum > Trump-Backed American Bitcoin Jumps After $163M $BTC Buy – Could Altcoins Be Next?
Ethereum

Trump-Backed American Bitcoin Jumps After $163M $BTC Buy – Could Altcoins Be Next?

Crypto Team
Last updated: October 28, 2025 7:50 pm
Crypto Team
Published: October 28, 2025
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wp header logo 2442 Trump-Backed American Bitcoin Jumps After $163M $BTC Buy – Could Altcoins Be Next?

What to Know:

The Trump family has made another bold move in the corporate crypto world as the publicly listed treasury and mining firm American Bitcoin (ABTC) announced a 1,414 Bitcoin addition to its holdings.

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That’s roughly $163M at current prices and brings $ABTC’s total stash to about 3,865 BTC – approximately $446M.

Backed by Donald Trump Jr and Eric Trump, American Bitcoin is the public-facing vehicle formed after a merger between Canadian miner Hut 8 Corp and Gryphon Digital Mining.

Bitcoin is up by around 4.7% in the past week, and sits just under $115K, near a two-week high.

And the project will do this by merging Bitcoin’s monetary dominance with Solana’s high-performance virtual machine (SVM) environment.

The Hyper Layer-2 will use a Canonical Bridge architecture on the SVM that allows native $BTC to be minted, wrapped, and deployed across a fast, low-fee ecosystem. And with zero-knowledge proofs and final settlement on the original Bitcoin Layer-1, it will all be executed without compromising Bitcoin’s top-tier security model.

The project’s hybrid framework positions it as a natural upgrade to Bitcoin, capable of scaling transaction speeds from Bitcoin’s current seven transactions per second to multiple thousands, courtesy of the SVM. Meanwhile, its native token, $HYPER, will power validator staking, bridge operations, and ecosystem governance.

The combination of new utility and proven reliability bode well for $HYPER’s performance, which is why it’s no surprise that the Bitcoin Hyper surpassed the $25M milestone yesterday.

Being a presale, though, its price rises in stages, while the staking APY decreases as more holders stake their tokens. With little over one day left before the next price increase – and staking APY currently at 47% – there’s no time like the present to join the presale at its early-bird price.

With a virtual server-room model, you’ll be able to use your $PEPENODE tokens to buy mining rigs and nodes to outfit your server rooms. And the more nodes you have, the more $PEPENODE you’ll mine.

Rewards are also up for grabs courtesy of this gamified project – and they’re not limited to $PEPENODE. Rewards include other popular meme coins like $PEPE and $FARTCOIN.

This novel platform brings together the fun of blockchain gaming and the raw potential of meme coins. For PepeNode investors, mine-to-earn opens the door for several ways to earn from the project:

$WLFI blends meme-coin energy with a treasury-backed investment protocol tied to the Trump movement’s populist narrative. Its mission is to empower holders through decentralized finance, tokenized assets, and a particular brand identity.

$WLFI recently gained viral traction after a White House-themed tweet referenced GameStop and crypto freedom and sent trading volume surging past $220M in a single day.

Currently trading at $0.1465, $WLFI is up by more than 14% in the past week, reflecting an appeal that lies partly in its growing ecosystem and partly in political mood affiliation.

Always do your own research; this isn’t financial advice.

 

source

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