Trump family-backed American Bitcoin expanded its Bitcoin reserve to over 8,000 BTC ($512M) in Q2, producing a record 932 BTC. Despite a net loss of $57.2M and market headwinds, the company emphasizes its long-term accumulation strategy and infrastructure growth.
American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., reported record Q2 Bitcoin production of 932 BTC, boosting mining revenue to $67 million. The Nasdaq-listed company narrowed its net loss to $57.2 million and completed a reverse stock split.
American Bitcoin's strategy shows a growing Bitcoin treasury (8,000 BTC) but a declining share price, exacerbated by a 1-for-15 reverse stock split aimed at meeting Nasdaq requirements. The company relies on mining for BTC acquisition, but faces significant net losses and negative EBITDA, raising questions about its valuation despite reserve growth.
American Bitcoin Corp., co-founded by Eric Trump, has seen its shares plummet over 95% from their peak, erasing over $600 million from his stake. The company underwent a 1-for-15 reverse stock split to maintain its Nasdaq listing, hitting an all-time low stock price. This downturn highlights a shift in investor preference from pure crypto mining to companies repurposing infrastructure for AI data centers.
American Bitcoin, cofondée par Eric et Donald Trump Jr, annonce détenir plus de 8 000 BTC en trésorerie, doublant son stock en six mois. L'entreprise, issue d'une fusion avec Gryphon Digital Mining, affiche une marge de minage de 52% au T1 malgré la volatilité du cours de son action.
American Bitcoin (ABTC), a crypto miner linked to the Trump family, saw its shares plummet to an all-time low of 62 cents on Wednesday. The company announced a 1-for-15 reverse stock split, effective Thursday, to comply with Nasdaq's minimum bid price requirements and avoid delisting.
American Bitcoin Corp. will execute a 1-for-15 reverse stock split effective July 2 to raise its share price above Nasdaq's minimum listing threshold. The move aims to address the stock's recent decline, which saw it fall to $0.6122.
Shares in Eric Trump's mining firm American Bitcoin have fallen more than 9% after reporting a quarterly loss of nearly $82 million.
Donald Trump’s sons’ company, American Bitcoin, missed analyst revenue estimates and posted narrower losses as it ramped up its mining capacity.
American Bitcoin (ABTC) originally purchased the mining rigs in March, weeks after reporting a $59 million loss for Q4 2025.
American Bitcoin (ABTC), co-founded by Donald Trump's sons, completed energization of 11,298 ASICs at its Drumheller site in Alberta, Canada. The company now owns 89,242 ASICs generating 28.1 EH/s. Shares surged 11.7% to $1.38 despite posting a $59.5M Q4 2025 loss, attributed to a $227.1M decline in BTC holdings value.
Publicly-traded miner American Bitcoin expands its owned hash rate, with its share price continuing to climb after hitting a low in March.
