Trump Brothers’ Bitcoin Miner Posts Quarterly Loss

Cryptocurrency

Bitcoin

Blockchain

26th February 2026

American Bitcoin, the bitcoin mining and treasury firm backed by Eric Trump and Donald Trump Jr., swung to a loss in the fourth quarter.

The company, formed in March with its spinoff from another bitcoin miner, reported a net loss of $59 million in the fourth quarter. American Bitcoin earned $3.5 million in the third period. Revenue rose 22% to $78 million in the three months ended December from $64 million in the September quarter.

For the full year, the company lost $153 million on revenue of $185 million. The loss was primarily driven by a $227.1 million mark-to-market loss on its bitcoin holdings.

Author

Vicky Ge Huang

Source

wsj.com

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