Trump-backed American Bitcoin swings to quarterly loss

The firm posted a $59.45 million net loss for the fourth quarter as Bitcoin prices fell. Revenue reached $78.3 million but fell short of analyst expectations.

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American Bitcoin Corp has reported a significant shift to a quarterly loss, driven by a downturn in the digital asset market. The company, based in the United States and backed by the sons of the U.S. President, faced a challenging environment as Bitcoin prices reached quarterly lows amid broader economic uncertainty.

Eric Trump, Co-Founder and Chief Strategy Officer of American Bitcoin Corp., speaks during the opening bell ceremony at the Nasdaq Market in New York City, U.S., on September 16, 2025. REUTERS/Brendan McDermid
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