American Bitcoin narrows Q1 loss as mining revenue grows
American Bitcoin reported a narrower Q1 loss of $81.8 million as revenue rose. The firm achieved record production by mining 817 Bitcoin in the period.
Xurve View
Xurve View
American Bitcoin, backed by two of U.S. President Donald Trump's sons, narrowed its first-quarter net loss to $81.8 million as mining revenue surged to $62.1 million. The results follow a $100.6 million loss in the same period last year despite a 7% decline in Bitcoin prices during 2026. The performance demonstrates how operational efficiency can offset crypto market volatility for large-scale miners.
