American Bitcoin reported a significant net loss of $59.45 million for the fourth quarter of 2025, a stark contrast to its previous year’s profit of $3.48 million. This loss comes despite the company achieving a revenue of $78.3 million for the quarter, which, while an increase from $64.2 million a year ago, fell short of analyst expectations that had projected revenue to reach $79.6 million.
The decline in financial performance aligns with the broader trend of weakening cryptocurrency prices, which has adversely affected various companies in the sector, including American Bitcoin. The company, which was co-founded and strategically advised by Eric Trump and Donald Trump Jr., has seen its stock decrease by 39% since the beginning of the year, significantly outpacing Bitcoin’s own decline of approximately 23% during the same period.
As of February 24, 2026, American Bitcoin reported holding 6,235 BTC in its reserves, a total that encompasses Bitcoin under custody or pledged for mining rig purchases made under an agreement with Bitmain. The company had previously committed to a purchase of 16,000 mining rigs from Bitmain, indicating that payment would come from “pledged” Bitcoin, which can be redeemed over the next two years, reflecting confidence in future market recovery.
In a recent statement, the firm highlighted its progress, noting that it had “surpassed 6,000 BTC” in its treasury. However, it clarified that the Bitcoin pledged to Bitmain was not reflected in its balance sheets as of September 30, 2025, indicating some complexities in the company’s financial representation.
Trading under the ABTC ticker on the Nasdaq, American Bitcoin positions itself as a “full stack Bitcoin play.” This branding emphasizes its diverse engagement in Bitcoin mining, a strategic accumulation of BTC reserves, and an initiative to enhance the broader Bitcoin ecosystem, aiming to establish the United States as a leader in the global Bitcoin economy.
Despite current challenges, American Bitcoin continues to navigate the turbulent waters of the cryptocurrency market, underscored by the volatility in Bitcoin prices. At present, Bitcoin is trading at $67,361, having experienced a nearly 3% dip in the last day. The company’s ongoing strategies and future operational outlook remain a point of interest amidst this fluctuating financial landscape.
