Eric Trump Discloses American Bitcoin's Output and Margins as Filings Back Claims

The son of US President Donald Trump, Eric Trump, has revealed that American Bitcoin (ABTC) produces between 11 and 13 bitcoin on a daily basis, achieving gross margins approaching 49% while operating close to 90,000 mining rigs. The company's own quarterly documents largely support these assertions.

Speaking during an appearance on the Wolf Financial podcast, the firm's co-founder described the output as evidence of among the most efficient mining operations in the sector, emerging months after a public disagreement regarding the enterprise's actual production expenses.

Figures Correspond With Recent Regulatory Filings

Established in 2025 by Eric Trump and Donald Trump Jr., American Bitcoin merged with Gryphon Digital Mining and commenced trading on the Nasdaq under the ABTC ticker in September 2025. The venture remains majority-owned by Hut 8 Corp, which provided backing.

Trump indicated that the company's treasury had expanded to roughly 8,300 BTC by late August, a rise from approximately 5,401 BTC at the conclusion of 2025, continuing an accumulation approach that has been likened to Strategy's.

During the second quarter of 2026, the firm achieved a record output of 932 BTC, marking its highest production level yet. Gross margins for that quarter stood near 49%, aligning with the figure provided by Trump.

Bitcoin (BTC) was trading around $77,696 at the time of writing, reflecting a 0.49% increase over the previous 24 hours. This places the paper value of the reserve at over $600 million.

A Contentious Cost Basis

The margin statement follows a springtime dispute over the company's actual production costs. Forbes alleged that American Bitcoin's all-in cost was closer to $90,000 per coin, exceeding the approximately $57,000 figure that Trump has reiterated. Trump dismissed the report as politically driven.

Since then, neither party has published a fully reconciled breakdown of costs. American Bitcoin promotes its policy of not selling treasury holdings as evidence that mining bitcoin is more economical than purchasing it outright. The validity of that claim depends on which cost figure proves accurate.