Trump family-backed miner American Bitcoin posts $59M quarterly loss

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American Bitcoin, a miner backed by the Trump family, reported a $59.5 million quarterly loss despite revenue growth, as the company maintains its focus on Bitcoin mining.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

American Bitcoin posted a $59.5 million Q4 loss while its revenue rose and its Bitcoin stack topped 6,000 coins, as peers pivot to AI and sell down treasuries.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 26, 2026.
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