Crypto: Trump Family-backed Miner American Bitcoin Posts $59m Quarterly Loss

American Bitcoin posted a $59.5 million Q4 loss while its revenue rose and its Bitcoin stack topped 6,000 coins, as peers pivot to AI and sell down treasuries.

American Bitcoin Corp. (ABTC) reported a fourth quarter 2025 net loss of $59.5 million, even though its revenue climbed to $78.3 million, up 22% from the third quarter, according to its latest earnings release and 8‑K filing with the United States Securities and Exchange Commission (SEC).

The Trump family‑backed Bitcoin (BTC) miner posted a Q4 gross margin of 53% and said it had “mined Bitcoin at a 53% discount” to spot purchasing.

A sizable non‑cash loss on digital assets contributed to a full-year 2025 net loss of $153.2 million, driven in large part by fair‑value markdowns on its Bitcoin holdings.

Co-founder and chief strategy officer Eric Trump said in the release that American Bitcoin had ended 2025 with 5,401 BTC on its balance sheet, a figure that has since “grown to more than 6,000 Bitcoin.”

He noted additional achievements of the company since its inception, including being listed on the Nasdaq in September.

Related: Trump crypto company says ‘coordinated attack‘ on stablecoin failed

American Bitcoin also generated $150.5 million of gross proceeds from its at‑the‑market stock program in Q4 to help fund its Bitcoin accumulation strategy.

The company said that it mined 1,654 Bitcoin from the start of the second quarter through year‑end, including 783 BTC in the fourth quarter, with mining accounting for roughly one‑third of its 5,401 BTC year‑end stack.

Despite the BTC miner’s “decisive execution” and notable BTC mined, ABTC stock is down 85% over the last six months, according to data from Yahoo Finance.

Source: CoinTelegraph