American Bitcoin Reports Mixed Financial Results Amidst Cryptocurrency Market Volatility

The financial performance of American Bitcoin, a company backed by the Trump family, has been revealed through its Q4 financial results. The company showed a revenue increase of nearly 22% quarter-over-quarter (QoQ) to $78.3 million, but this growth was not enough to offset losses in other areas.

The company posted a net loss of $153.2 million in 2025, primarily due to a non-cash mark-to-market loss on Bitcoin resulting from the FASB-required fair value accounting adjustment. This loss occurred despite an increase in revenue quarter-over-quarter, which marked a reversal after a profit in the third quarter of last year.

The decline in revenue was largely attributed to the drop in Bitcoin's price, affecting the company's operations and leading to a $59 million loss in Q4. However, the company has chosen to hold onto its mined BTC, unlike other miners such as Bitdeer, which have sold off their holdings during the market downturn.