American Bitcoin mines 13 BTC daily at 49% margins, Trump says

American Bitcoin mines 11-13 BTC daily at 49 percent gross margins across 90,000 miners, Eric Trump said.

Speaking on the Wolf Financial podcast, the co-founder and president's son framed the output as proof of one of the sector's most efficient mining operations, months after a public dispute over the firm's true production costs.

The company's treasury has grown to about 8,300 BTC as of late August, up from roughly 5,401 BTC at the end of 2025. It mined a record 932 BTC in the second quarter of 2026, its highest output yet. Bitcoin traded near $77,696 as of writing, up 0.49 percent over 24 hours, giving the reserve a paper value above $600 million.

The margin claim follows a spring dispute over the firm's true production costs. Forbes alleged American Bitcoin's all-in cost ran closer to $90,000 per coin, above the roughly $57,000 figure Trump has repeated. Trump rejected the report as politically motivated. Neither side has published a fully reconciled cost breakdown since.

American Bitcoin was founded in 2025 by Eric Trump and Donald Trump Jr. The venture merged with Gryphon Digital Mining to list on the Nasdaq under the ticker ABTC in September 2025. Hut 8 Corp, which backed the venture, remains the majority owner.

The company's accumulation strategy has drawn comparisons to Strategy, the software firm turned bitcoin treasury company. American Bitcoin markets its no-sale treasury policy as proof that mining bitcoin is cheaper than buying it outright. That claim hinges on which cost figure holds up.

The $33,000 Cost Gap

The gap between the two cost estimates carries direct implications for ABTC's valuation. If the true all-in cost approaches $90,000 per coin, the no-sale treasury strategy becomes harder to justify against buying bitcoin on the open market. With the reserve now worth more than $600 million at current prices, the difference between the $57,000 and $90,000 figures represents a material swing in the company's economics.

The company's quarterly filings largely support Trump's operational claims. Gross margins in the second quarter landed near 49 percent, matching the figure he cited. The 932 BTC mined in Q2 2026 represented the company's highest quarterly output since inception.

The production figures place American Bitcoin among the larger publicly traded miners by output. Its daily production of 11-13 BTC, combined with a no-sale treasury policy, makes it a pure-play bitcoin accumulation vehicle rather than a traditional mining operation that sells most of its output to cover operating costs.

This article is for informational purposes only and does not constitute investment advice.