Trump family-backed miner American Bitcoin posts $59M quarterly loss

American Bitcoin Corp. (ABTC) reported a 4th fourth 2025 nett nonaccomplishment of $59.5 million, adjacent though its gross climbed to $78.3 million, up 22% from the 3rd quarter, according to its latest net merchandise and 8‑K filing with the United States Securities and Exchange Commission (SEC). 

The Trump family‑backed Bitcoin (BTC) miner posted a Q4 gross borderline of 53% and said it had “mined Bitcoin astatine a 53% discount” to spot purchasing.

A sizable non‑cash nonaccomplishment connected integer assets contributed to a full-year 2025 nett nonaccomplishment of $153.2 million, driven successful ample portion by fair‑value markdowns connected its Bitcoin holdings. 

American Bitcoin 8K Filing. Source: SEC

Co-founder and main strategy serviceman Eric Trump said successful the release that American Bitcoin had ended 2025 with 5,401 BTC connected its equilibrium sheet, a fig that has since “grown to much than 6,000 Bitcoin.”

He noted further achievements of the institution since its inception, including being listed connected the Nasdaq successful September.

Related: Trump crypto institution says ‘coordinated attack‘ connected stablecoin failed

American Bitcoin besides generated $150.5 cardinal of gross proceeds from its at‑the‑market banal programme successful Q4 to assistance money its Bitcoin accumulation strategy.

The institution said that it mined 1,654 Bitcoin from the commencement of the 2nd 4th done year‑end, including 783 BTC successful the 4th quarter, with mining accounting for astir one‑third of its 5,401 BTC year‑end stack.

Despite the BTC miner’s “decisive execution” and notable BTC mined, ABTC banal is down 85% implicit the past six months, according to data from Yahoo Finance.

ABTC banal down 85% successful six months. Source: Yahoo Finance

Trump crypto commercialized and miners nether pressure

The results travel arsenic some Bitcoin miners and Trump‑linked crypto projects travel nether pressure. American Bitcoin’s operation of a concentrated BTC treasury and crisp equity drawdown makes it 1 of the much disposable accent points successful that ecosystem. 

The World Liberty Financial (WLFI) token, different Trump‑linked initiative, ended 2025 trading good beneath its archetypal highs, reflecting capitalist fatigue with the “Trump trade” successful integer assets adjacent earlier the latest marketplace limb down. 

His ain branded Official Trump (TRUMP) memecoin has besides taken a beating, trading astatine astir $3.50 astatine the clip of writing, down 87% from its all-time precocious of astir $44 successful January 2025.

Official Trump coin down 87% from all-time high. Source: Coingecko

​Major BTC miners are feeling the symptom from this latest drawdown, and are progressively moving distant from the benignant of axenic mine-and-hoard strategy connected which American Bitcoin has doubled down. 

On Saturday, Bitcoin miner Marathon (MARA) moved to grow into artificial quality (AI) focused data‑center infrastructure done a woody that reorients portion of its concern toward high‑performance computing alternatively than conscionable Bitcoin artifact rewards.

On the aforesaid day, Bitdeer (BTDR) opted to liquidate its remaining Bitcoin reserves and instrumentality its treasury equilibrium to zero, prioritizing liquidity and reinvestment implicit sitting connected coins, and connected Wednesday, Hut 8 (HUT) reported a fourth-quarter nett nonaccomplishment of $279.7 million, contempt besides pivoting resources toward AI.

Magazine: Bitcoin’s ‘biggest bull catalyst’ would beryllium Saylor’s liquidation — Santiment founder