- Hut 8 and Trump brothers established American Bitcoin, a Bitcoin treasury company, on September 6, 2025.
- Hut 8 and Trump brothers established American Bitcoin, a Bitcoin treasury company, on September 6, 2025.
- Hut 8 and Trump brothers established American Bitcoin, a Bitcoin treasury company, on September 6, 2025.
- Trump sons back American Bitcoin
American Bitcoin Corp. reports Q3 2026 results, growing Bitcoin reserve
- Reports
- 2
- Developments
- 2
- Repetition
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New informationRepeats or wire copies
What happened
American Bitcoin Corp. reported its financial results for the third quarter of 2026. The company stated it continued mining Bitcoin at a structural discount to spot and increased Satoshis Per Share by approximately 5%. The company also reported $126 million in net income during the quarter.
From prnewswire.com
Why it matters
American Bitcoin Corp. is a Bitcoin accumulation platform that integrates Bitcoin into its core business model through active mining operations. Eric Trump is a co-founder of American Bitcoin Corp., which is building American Bitcoin, a Bitcoin treasury company. The company’s operations demonstrate a commitment to accumulating Bitcoin as a primary treasury reserve asset.
Hut 8 and Trump brothers established American Bitcoin, a Bitcoin treasury company, on September 6, 2025.
From prnewswire.com
Who's involved
- Eric TrumpCo-Founder and Chief Strategy Officer of American Bitcoin Corp.
- companyA Bitcoin accumulation platform that mines Bitcoin for a strategic reserve.
How it developed
Newest first. Tap a step to see who reported it.A company co-founded by Eric Trump is mining Bitcoin for a strategic reserve.1 source
American Bitcoin, co-founded by Eric Trump, is listed on Nasdaq and mining Bitcoin.1 source
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The entities involved
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Bitcoin
digital cash system and associated currency
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company
legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective
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Eric Trump
American businessman and reality television personality (born 1984)
Related events
- Trump's policies and investments, discussed at the White House, aim to establish the US as a crypto capital.
- Trump's nomination signals hawkish Fed expectations regarding monetary policy and market impact.
- A corporate entity has purchased and is holding Bitcoin.
- Trump pocketed over $1.4 billion in crypto profits while BlackRock's IBIT ETF lost over $212 million, amid Democratic opposition to the CLARITY Act.
- A company established a digital asset treasury strategy.