A beverage can holding apparatus for holding a beverage can includes a cam lever having a hook end engaging a pull tab and a clamping end defining a bore. A pin is positioned in the bore for pivotal movement of the cam lever thereabout. A cam handle member includes an actuator end coupled to the pin and an opposing finger ring, the actuator end having an irregular shape having narrow and expanded portions acting as a cam. A clamp is coupled to the cam handle member for engaging an outer surface of the lip of the beverage can. The cam handle member is a cam that selectively locks the cam lever onto the beverage can. A cover assembly is removably coupled to the cam lever, the cover base having a lip portion operable for engaging the lip of the beverage can and covering the drink opening of the beverage can.