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Home Blockchain

Trump-linked American Bitcoin reports $82M Q1 loss, revenue miss

by DigestWire member
May 7, 2026
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Trump-linked American Bitcoin reports $82M Q1 loss, revenue miss

Donald Trump’s sons’ company, American Bitcoin, missed analyst revenue estimates and posted narrower losses as it ramped up its mining capacity.

American Bitcoin, the crypto mining company co-founded by US President Donald Trump’s son Eric Trump, reported an $81.7 million first-quarter loss as its revenue missed analyst estimates.

American Bitcoin on Wednesday reported revenue of $62.1 million for the quarter ended March 31, a 400% increase from $12.3 million in the prior-year period but down from $78.3 million in the fourth quarter of 2025.

The revenue figures fell short of analyst estimates by 17%, while the firm, which also counts Donald Trump Jr. as a shareholder, reported a quarterly loss of 8 cents per share, compared with Wall Street estimates of 1 cent per share.

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