Trump family crypto mining company ABTC reports Q3 net profit of $126 million, Bitcoin holdings increase to 8,427
Original headline特朗普家族加密矿企 ABTC 第三季度净利润达 1.26 亿美元,比特币持仓增至 8427 枚
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American Bitcoin (ABTC), the Trump-family-linked crypto miner, swung to a $126 million net profit in Q3 2026 from a $57.2 million loss the prior quarter, driven by $197.34 million in digital asset fair-value gains and adjusted EBITDA of $220.8 million. Mining revenue fell 5.4% quarter-over-quarter to $63.4 million on 891 BTC produced, down 4.4%, while cost per bitcoin rose 15.3% to about $42,100 and gross margin narrowed to 41% from 49%. The company added roughly 425 BTC without open-market purchases, bringing holdings to 8,427 BTC as of September 30. ABTC shares closed down 5.6% Wednesday but rose 2.4% after hours, and remain down 76% year-to-date. The result underscores how fair-value gains, not mining economics, are driving earnings, so watch whether production costs and margins stabilize as holdings grow.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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American Bitcoin (ABTC), Bitcoin (BTC), Trump family
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