Mining firm American Bitcoin reported record revenue of $67 million during Q2 2026, driven by the extraction of 932 BTC, representing a 14% quarter-over-quarter increase. According to company CEO Mike Ho and co-founder and Chief Strategy Officer Eric Trump, this operational performance allowed the firm to expand its strategic treasury to 8,002 bitcoins by the end of the period.
Despite a 12% drop in average market prices during the quarter, the company maintained gross margins near 50%, recording an average mining cost of $36,500 per asset. This result reflects the operational resilience of institutional infrastructure in the face of macroeconomic volatility and consolidates its long-term corporate accumulation strategy.
Looking ahead, American Bitcoin expects to maintain the growth of its processing capacity after energizing more than 11,000 next-generation miners. Management reaffirmed its commitment to continuously expand its BTC reserves and strengthen its financial model over the coming quarters.
Source: https://lix.li/zqjP0
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