PANews reported on December 10th that, according to PR Newswire, American Bitcoin Corp. (NASDAQ: ABTC) disclosed that its Bitcoin reserves increased to 4,783 as of December 8th, a 19.5% increase from November 5th. The company also updated its "Satoshis Per Share (SPS)" to 507, a 17.3% increase within the month. Approximately 416 new Bitcoins were added between December 2nd and 8th, originating from self-mining and strategic purchases; some Bitcoins are in custody or used as collateral for mining equipment purchases with BITMAIN.