American Bitcoin Posts Record Mining Efficiency with 932 BTC in Q2
American Bitcoin (ABTC), a venture co-founded by Eric Trump and Donald Trump Jr., has reported significant mining efficiency, according to its own quarterly filings. The company's quarterly output of 932 BTC in Q2 2026 represents the highest yet, with gross margins reaching nearly 49%.
Eric Trump highlighted this achievement on the Wolf Financial podcast, suggesting that American Bitcoin is one of the sector's most efficient mining operations. He claimed that the company mines between 11 and 13 BTC daily at close to 49% gross margins, using nearly 90,000 miners.
The company's treasury has grown to about 8,300 BTC as of late August, with a paper value above $600 million given Bitcoin's recent price of around $77,696. This accumulation strategy, which has drawn comparisons to Strategy, continues to be a key part of American Bitcoin's operations.