American Bitcoin Corp., the Bitcoin mining company tied to Eric Trump, reported a 14% increase in its Bitcoin reserves in Q2 2026, growing from 7,021 to 8,002 BTC, a gain of 981 BTC. Despite a 12% drop in Bitcoin’s price, mining revenue rose 8% to $67 million, with a gross margin near 50%. The company mined a record 932 BTC and expanded its total capacity to 28.1 EH/s. However, its stock has fallen over 80% year-to-date, resulting in a loss of approximately $600 million in market value.
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