Trump Sons’ Bitcoin Company Loses $59 Million in Fourth Quarter

American Bitcoin, a mining firm linked to former President Donald Trump’s sons, posted a $59. 45‑million loss in the last quarter of 2025. The company earned a profit of $3. 48 million in the same period last year and had made money in the previous quarter, showing a sharp reversal. Revenue climbed to $78. 3 million from $64. 2 million a year earlier, but analysts expected about $79. 6 million. As of early February 2026, the firm claims it holds more than 6, 200 bitcoins. Some of these coins are kept in a partnership with Bitmain for future mining equipment purchases. Last year, American Bitcoin agreed to buy 16, 000 rigs from Bitmain and will pay with “pledged” bitcoins that can be redeemed within two years.The company says these pledged coins are not shown on its audited balance sheets as of September 30, 2025. American Bitcoin markets itself as a “full stack” player: it mines bitcoin, builds a treasury, and aims to make America the world’s leading bitcoin hub. Its shares trade under ABTC on Nasdaq and have dropped 39% since the start of the year, a larger fall than bitcoin’s own 23% decline. At the time of writing, bitcoin was trading near $67, 361 after a small daily drop. The company’s financial troubles highlight the risks of crypto mining and the volatility of bitcoin prices.