American Bitcoin, Trump-linked mining firm, holds 8,002 BTC worth €444 million

American Bitcoin, a bitcoin‑mining company tied to the Trump family, reported that it now controls 8,002 bitcoins valued at roughly €444 million after expanding its reserve by 14 % in the second quarter of 2026. The firm mined 932 BTC in that period, its highest quarterly production since launch, and generated revenue of €58 million, though it posted a net loss of €49.55 million.

The company has pledged 3,090 BTC (about 38.6 % of its total holdings) to mining‑equipment maker Bitmain as collateral for equipment purchases. The pledged bitcoins are recorded on the balance sheet with a book value of about $189 million, while the remaining 4,912 BTC are unencumbered. The quarter also showed non‑current liabilities of $371.7 million related to mining‑equipment purchases and a GAAP net loss of $57.2 million. American Bitcoin raised $33.6 million by selling 2.15 million shares, increasing its per‑share Satoshi exposure by 11 %. Eric Trump serves as co‑founder and chief strategy officer, with Donald Trump Jr. also involved in the venture.