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Eric Trump’s American Bitcoin Banks $126M Profit—But ABTC Shares Dive

American Bitcoin Corp., the bitcoin mining company co-founded by Eric Trump, reported approximately $126 million in third-quarter net income and $221 million in adjusted EBITDA, reversing losses from the preceding quarte...

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Eric Trump’s American Bitcoin Banks $126M Profit—But ABTC Shares Dive
American Bitcoin Corp., the bitcoin mining company co-founded by Eric Trump, reported approximately $126 million in third-quarter net income and $221 million in adjusted EBITDA, reversing losses from the preceding quarter. The Nasdaq-listed company expanded its holdings to 8,427 BTC, ranking 13th among publicly traded corporate bitcoin holders. However, mining costs climbed 15.3%, production declined […]

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Bitcoin is showing up inside the Mining theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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