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Erick Trump suffers a loss of US$81.8 million despite record-breaking BTC production 😱
NEW YORK - American Bitcoin, a bitcoin mining and treasury company founded by Eric Trump, reported a net loss of US$81.8 million in Q1 2026, increasing from a loss of US$59.5 million in the previous quarter.
According to reports filed with the US securities regulator, revenue from mining activities decreased to US$62.1 million from US$78.3 million in Q4 2025, while the company's operating expenses reached US$150.7 million.
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