American Bitcoin Hits Record Q2 Production With 932 BTC Mined

American Bitcoin just wrapped up its second quarter of 2026 by mining a record 932 Bitcoin. Chief Strategy Officer Eric Trump shared on social media that the company reserve has now climbed to roughly 8,300 Bitcoin. The firm reported a net loss of $57.2 million, which improved from the previous quarter, alongside a total mining revenue of $67.0 million.

Despite a falling market price for Bitcoin during the quarter, the company grew its mining revenue by 8 percent compared to the first three months of the year. Gross margins held strong at around 49 percent, while operating costs stayed low. The firm operated a large fleet of miners and expanded its hashing power significantly through newly energized units.

Looking ahead, the company continues to focus on treasury accumulation and efficient mining operations. Leadership expressed strong confidence in the future of the asset. Traders will be watching to see how the growing treasury reserve impacts the company stock performance on Nasdaq following its recent reverse stock split.