Crypto news report · source clearly identified

American Bitcoin reports daily output of 11‑13 BTC with near 49% gross margins

American Bitcoin (ABTC) says it mines between 11 and 13 BTC each day, operating roughly 90,000 miners and achieving gross margins close to 49%, according to the company’s quarterly filings.

American Bitcoin (ticker ABTC) disclosed that it mines between 11 and 13 Bitcoin per day, running close to 90,000 mining units. The company reported gross margins near 49% for the period, figures that align with its recent quarterly filings.

Production and Financial Highlights

  • Daily mining output: 11‑13 BTC
  • Number of miners in operation: ~90,000
  • Gross margin for the quarter: ~49%
  • Quarterly record output: 932 BTC mined in Q2 2026
  • Treasury holdings: about 8,300 BTC as of late August 2026

Company Background

American Bitcoin was founded in 2025 by Eric Trump and Donald Trump Jr. The firm merged with Gryphon Digital Mining and listed on Nasdaq under the ticker ABTC in September 2025. Hut 8 Corp remains the majority shareholder.

Cost Controversy

A recent dispute has emerged over the company’s all‑in cost per Bitcoin. One report suggested costs near $90,000 per coin, while the company has cited a figure around $57,000. No fully reconciled cost breakdown has been published by either side.

Market Context

Bitcoin was trading near $77,696 at the time of reporting, giving American Bitcoin’s treasury a paper value exceeding $600 million.

Source & attribution

News Source

Publisher
BeInCrypto
Original date
August 31, 2026, 2:58 AM
Original headline
Eric Trump Says American Bitcoin Mines Up to 13 BTC Daily at 49% Margins
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