Trump-family crypto miner ABTC reports Q3 net profit of $126 million, with Bitcoin holdings increasing to 8,427.

On Nov. 5, Trump-family crypto mining firm American Bitcoin (ABTC) announced its Q3 2026 earnings report, posting a net profit of $126 million for the period, compared to a net loss of $57.2 million in the prior quarter. The return to profitability was largely driven by fair value gains on digital assets, with the company recording $197.34 million in digital asset gains during the third quarter; adjusted EBITDA was $220.8 million, versus a $45 million loss in the previous quarter.

Operationally, Q3 bitcoin mining revenue decreased 5.4% quarter-over-quarter to $63.4 million, bitcoin production fell 4.4% quarter-over-quarter to approximately 891 coins, the unit cost to mine one bitcoin increased 15.3% quarter-over-quarter to about $42,100, and the gross margin dropped from 49% to 41%. The company acquired approximately 425 BTC during the quarter without further market purchases, holding 8,427 BTC as of September 30. In equity markets, ABTC closed down 5.6% on Wednesday, rose 2.4% in after-hours trading following the earnings release, and has declined 76% year-to-date.