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According to Bloomberg, the Bitcoin mining company American Bitcoin Corp., supported by the Trump family, recorded losses for the second consecutive quarter, with a net loss of approximately $82 million in the first quarter of 2026, up from $59 million in the previous quarter; during the same period, revenue declined by about 20% to $62 million, mainly due to the decrease in average mining income per Bitcoin and the fall in Bitcoin holdings value. The company stated that in the first quarter, it added about 1,600 BTC to its holdings, increasing its Bitcoin holdings by approximately 30%, and continued to buy and hold through Treasury purchases. American Bitcoin, which listed on Nasdaq in September 2025, has seen its stock price fall nearly 90% from its peak.