Eric Trump Touts American Bitcoin Mining Efficiency
American Bitcoin (ABTC), a mining operation co-founded by Eric Trump and Donald Trump Jr., claims to be one of the most efficient in the sector. According to an interview on the Wolf Financial podcast, they mine between 11 and 13 BTC daily at close to 49% gross margins with nearly 90,000 miners running.
The company's treasury has grown significantly since its merger with Gryphon Digital Mining and listing on the Nasdaq in September 2025. As of late August, their treasury holds about 8,300 BTC, up from roughly 5,401 BTC at the end of 2025.
A recent dispute over production costs highlighted American Bitcoin's no-sale treasury policy, which claims mining bitcoin is cheaper than buying it outright. However, Forbes alleged an all-in cost closer to $90,000 per coin, above Trump's repeated figure of around $57,000.