American Bitcoin Co-Founder and Calamos CEO John Koudounis told attendees at Bitcoin 2026 in Las Vegas that the ownership structure of bitcoin has changed in a way that makes a price retreat less likely, and both men urged skeptics to reconsider the asset before a coming wave of institutional and generational capital arrives.
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American Bitcoin added more than 6,500 Bitcoin, placing the firm among the largest publicly traded holders of the digital asset as it continues to scale its mining operations.
American Bitcoin Corp. (Nasdaq: ABTC), a Trump family-linked mining company based in Miami, reported a $59 million fourth-quarter net loss after a 23% drop in bitcoin’s price triggered a $227 million non-cash mark-to-market charge