Eric Trump Says American Bitcoin Mines Up to 13 Bitcoin (BTC) Daily at 49% Gross Margins

Eric Trump says American Bitcoin (ABTC) mines 11-13 BTC daily at 49% gross margins with 90,000 miners, holds 8,300 BTC, amid a $57,000 cost dispute.

(04:17 AM UTC)
4 min read
AI SummaryAI
  • American Bitcoin operates a mining fleet of nearly 90,000 Bitcoin miners.
  • American Bitcoin's treasury reached about 8,300 BTC in late August, up from 5,401 BTC.
  • American Bitcoin mined a record 932 BTC in the second quarter of 2026.
  • Forbes alleged American Bitcoin's all-in cost near $90,000 per coin; Trump cited $57,000.
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Eric Trump Details ABTC Output

Eric Trump, co-founder of Nasdaq-listed miner American Bitcoin (ABTC) and son of the US president, says the company produces between 11 and 13 Bitcoin (BTC) every day at gross margins close to 49%. Speaking on the Wolf Financial podcast, he presented the output as proof that the firm runs one of the sector's most efficient crypto mining operations, with a fleet of nearly 90,000 miners secured by proof-of-work infrastructure. American Bitcoin was founded in 2025 by Eric Trump and Donald Trump Jr., then went public through a merger with Gryphon Digital Mining, listing on the Nasdaq under the ticker ABTC in September 2025. Hut 8 Corp, the venture's original backer, remains the majority owner. The daily production disclosure lands months after the company's true cost of production became a public flashpoint, and the margin figure Trump cited matches what the company's own quarterly filings showed for the second quarter. For a firm that markets itself on operating scale, the 11-13 BTC daily range is the headline metric underpinning its accumulation pitch to Bitcoin market investors.

Treasury Climbs to 8,300 BTC

The company's treasury has grown to roughly 8,300 BTC as of late August, according to Trump, up from about 5,401 BTC at the end of 2025 — an accumulation strategy that invites comparison to Strategy's strategic bitcoin reserve playbook and its unwavering HODL posture. Output supports the build-out: American Bitcoin mined a record 932 BTC in the second quarter of 2026, its highest quarterly production to date, with gross margins landing near 49% that quarter — matching the figure Trump repeated on the podcast. At prevailing prices, with Bitcoin trading near $77,696 when the remarks circulated, up 0.49% over 24 hours, the reserve carries a paper value above $600 million. The company frames its no-sale treasury policy as evidence that mining Bitcoin is cheaper than buying it on the open market, a positioning echoed by other corporate accumulators such as Steak 'n Shake's move to declare itself a Bitcoin company. Whether that treasury math holds, however, depends entirely on which production-cost figure turns out to be accurate.

The Disputed Cost Per Coin

That cost figure is precisely where consensus ends. During a spring dispute over American Bitcoin's economics, a Forbes investigation alleged the firm's all-in production cost runs closer to $90,000 per coin — well above the roughly $57,000 figure Trump has repeatedly cited. Trump dismissed the report as politically motivated, but neither side has published a fully reconciled cost breakdown since. The gap matters: at recent spot levels near $77,500 — a level Bitcoin price action has tested in recent sessions — a $90,000 all-in cost would imply the company mines at a loss per coin, while the $57,000 claim supports the 49% margin narrative and the broader efficiency argument. American Bitcoin's entire investment case — cheaper to mine than to buy — hinges on resolving which number is real, and until a detailed breakdown appears, the disputed cost basis remains the largest open question hanging over the stock and its growing Bitcoin treasury. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

Filings Anchor the Margin Story

COINOTAG's reading: the most load-bearing primary record here is American Bitcoin's own quarterly filing, which shows record output of 932 BTC and second-quarter gross margins near 49% — figures that independently corroborate the production and margin claims Trump made on the podcast. What the filings do not settle is the all-in cost per coin, the variable Forbes placed near $90,000 and Trump defends at roughly $57,000. Until the company discloses a reconciled cost breakdown, its no-sale treasury policy remains a thesis rather than a proven claim, and the next quarterly report is where that gap will either close or widen.

COINOTAG News Desk

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