American Bitcoin’s $126 Million Quarterly Profit Comes From Its Bitcoin Treasury Gain

American Bitcoin Corp. (Nasdaq: ABTC), the bitcoin miner co-founded by Eric Trump, reported net income of about $126 million for the third quarter of 2026 on Nov. 4, after a net loss of about $57.2 million in the second quarter. The statement of operations, also filed with the SEC , shows the turnaround came from the value of the bitcoin the company holds. It booked a $197.3 million gain on digital assets for the three months ended Sept. 30, compared with a $71.2 million loss on those holdings in the prior quarter. It also recorded a $64.3 million loss on derivatives. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter .

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