Published Aug 3, 2026, 7:09 AM ET · Updated 3 months ago · 2 sources
THE BLOCK: Trump family-linked American Bitcoin grew its bitcoin treasury 14% to more than 8,000 BTC and mined a record 932 BTC in Q2. The Hut 8-backed firm reported $67 million in mining revenue while keeping its cost to mine roughly flat at $36,500 per bitcoin despite lower prices.
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Original Report
THE BLOCK: Trump family-linked American Bitcoin grew its bitcoin treasury 14% to more than 8,000 BTC and mined a record 932 BTC in Q2. The Hut 8-backed firm reported $67 million in mining revenue while keeping its cost to mine roughly flat at $36,500 per bitcoin despite lower prices.