American Bitcoin Reports Record Profits in Q3 Driven by Mining Performance
American Bitcoin, supported by Eric Trump and Donald Trump Jr., reported profitability for the third quarter of 2025, as revealed in financial data released on Friday.
The company, which focuses on cryptocurrency mining and trading, experienced significant revenue growth, with earnings reaching $64.2 million compared to $11.6 million in the same period last year. Additionally, its gross margin increased by 7% quarter-over-quarter.
American Bitcoin attributed its transition to profitability to its ability to leverage wider profit margins in its operations, producing 563 bitcoins in the third quarter alone. This figure accounts for over half of the total production of 1,006 bitcoins in the first nine months of 2025.
Commenting on the results, Eric Trump, co-founder and chief strategy officer, stated during a conference call: "Since our IPO on the Nasdaq, we have added over 3,000 bitcoins to our reserves and have consistently advanced among the world's leading bitcoin treasuries."
Eric Trump serves as co-founder and strategic president of the company, while Donald Trump Jr. is a major shareholder. American Bitcoin is the latest venture in the Trump family's cryptocurrency projects, which also include Meme Coin and World Liberty Financial, in which former President Trump has a stake.
