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Trump-Backed American Bitcoin Posts $82M Loss Despite Record BTC Mining Output

American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a nearly $82 million net loss for the period. This was despite the firm mining a record 817 BTC. Mining Output Goes Up, But BTC Price Drop Hits Earnings Per documents it filed with the SEC, apart from the 817 BTC it mined, American Bitcoin also bought another 803 BTC, which took it…

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