Trump-family crypto mining company ABTC reports Q3 net profit of $126 million; Bitcoin holdings rise to 8427 BTC

TechFlow news, November 05: Trump-family crypto mining company American Bitcoin (ABTC) released its Q3 2026 earnings report, posting net profit of $126 million for the period, compared with a net loss of $57.2 million in the previous quarter. The return to profitability was mainly driven by fair value gains on digital assets; in Q3 the company recorded $197.34 million in digital asset gains. Adjusted EBITDA was $220.8 million, versus a $45 million loss in the previous quarter.

Operationally, Q3 Bitcoin mining revenue declined 5.4% quarter over quarter to $63.4 million, Bitcoin production fell 4.4% QoQ to about 891 BTC, the cost per Bitcoin produced rose 15.3% QoQ to about $42,100, and gross margin decreased from 49% to 41%. The company added about 425 BTC during the quarter and made no additional open-market purchases; as of September 30, it held 8427 BTC. On the stock front, ABTC closed down 5.6% on Wednesday, rose 2.4% after hours following the earnings release, and is down 76% year to date.

Source: TechFlow