Crypto
American Bitcoin Delivers Strong Q2 Despite Market Warning Signs
American Bitcoin Corp., led by Eric Trump, has reported strong Q2 2026 results despite warning signs in the market. The company's strategic reserve of Bitcoin increased by 981 BTC or 14%, from roughly 7,021 BTC on March 31st to 8,002 BTC on June 30th.
The growth was fueled by expansion in both mining and treasury operations. Despite a 12% drop in the price of BTC, revenue per Bitcoin mined dropped by only 5% to $71,900. Mining revenue increased to $67 million, an 8% boost from Q1 2026.
The company's CEO, Mike Ho, emphasized that American Bitcoin remained focused on execution during the quarter, delivering a record 932 BTC mined and growing its strategic reserve. However, rising energy prices kept mining costs constant at $36,500 per BTC.