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👇 Donald Trump's family-related mining company, American Bitcoin, recorded its second consecutive quarterly loss.
➤ The loss for Q1 2026 was $82m compared to $59m the previous quarter.
➤ Revenue decreased by 20% to $62 million.
➤ The company's stock plummeted nearly 90% since listing on Nasdaq.
Meanwhile, the company continues to aggressively accumulate BTC:
➤ Over the quarter, American Bitcoin increased reserves by approximately 1,600 BTC (+30%).
➤ Eric Trump stated that "the main thing is the growth of BTC reserves."
An interesting fact is that one of the largest equipment suppliers for the company remains the Chinese miner Bitmain, which already raises questions about a potential conflict of interest.