Deep Tide TechFlow News: On May 07, according to a report by Bloomberg, American Bitcoin Corp., a Bitcoin mining company supported by the Trump family, released its first-quarter 2026 financial results, with a net loss of $82 million, further increasing from the loss of $59 million in the previous quarter (2025 Q4). The company has recorded losses for two consecutive quarters. Meanwhile, its first-quarter revenue was approximately $62 million, down about 20% year over year, mainly due to a decline in the average mining revenue per Bitcoin. The company is headquartered in Miami and was established on the eve of Bitcoin prices retreating from their all-time high.

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