Odaily Planet Daily report: Eric Trump, son of Trump, posted that his Bitcoin mining company, American Bitcoin (ABTC), achieved its strongest Bitcoin production performance since its founding in the second quarter of 2026, with the company’s Bitcoin reserves now growing to approximately 8,300 BTC. Eric Trump released data showing the following key metrics for ABTC at the end of Q2:
BTC reserves: approximately 8,002 BTC, up 14%环比增长 14%
Quarterly mining output: 932 BTC, a 14% increase quarter-over-quarter
Satoshis Per Share: 10,989 satoshis, up 11%环比增长 11%
Mining revenue: approximately $67 million, up 8% month-over-month
He stated that since its inception, the company has maintained a gross margin of over 49% each quarter, and in the second quarter, sales, general, and administrative expenses (SG&A) accounted for only about 11% of revenue, sustaining a cost structure that leads the industry.
Eric Trump stated that despite pressure in the digital asset market, ABTC delivered a strong quarterly performance. The company has now become the 16th largest publicly listed Bitcoin holder globally and has achieved rapid growth just 11 months after going public.
The Hut 8 team has also been involved in building operations related to ABTC. The company previously disclosed that it is developing a publicly traded corporate model centered on BTC asset accumulation by expanding its Bitcoin reserves and improving mining efficiency.