American Bitcoin, a mining company affiliated with the Trump family, reported a $59 million loss in the fourth quarter.

PANews reported on February 26 that, according to Bloomberg, American Bitcoin Corp (ABC), a Bitcoin mining company backed by the Trump family, released its fourth-quarter financial report, showing a loss of $59 million for the quarter. Affected by the worst cryptocurrency market crash since 2022, the company's stock price has plummeted nearly 90% from its September 2025 high.

American Bitcoin Corp., headquartered in Miami and co-founded by Eric Trump, adhered to a pure Bitcoin strategy of "mining and accumulating" while its peers shifted towards AI infrastructure. As the price of Bitcoin fell from a high of $126,000 to around $70,000, the company's Bitcoin reserve assets were written down, resulting in an unrealized loss of $227 million for the year.