{"id":919466,"date":"2026-07-13T01:22:21","date_gmt":"2026-07-13T06:22:21","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/13\/trump-bitcoin-crypto-mining-company-just-lost-45-million-while-btc-trades-above-80000-what-went-wrong\/"},"modified":"2026-07-13T01:22:21","modified_gmt":"2026-07-13T06:22:21","slug":"trump-bitcoin-crypto-mining-company-just-lost-45-million-while-btc-trades-above-80000-what-went-wrong","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/13\/trump-bitcoin-crypto-mining-company-just-lost-45-million-while-btc-trades-above-80000-what-went-wrong\/","title":{"rendered":"Trump Bitcoin Crypto Mining Company Just Lost $45 Million While BTC Trades Above $80,000 \u2014 What Went Wrong?"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/04\/15151819\/ahm_optimized-150x150.webp\" alt>\n                    <\/p>\n<p>Author<\/p>\n<div>\n<p>Ahmed Barakat<\/p>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/04\/15151819\/ahm_optimized-150x150.webp\" alt>\n                <\/p>\n<div>\n<div>\n<p>Author<\/p>\n<p><span>Ahmed Barakat<\/span><span class><img decoding=\"async\" src=\"https:\/\/cryptonews.com\/wp-content\/themes\/cryptonews\/images\/verification.svg\" alt=\"bitcoins Verified\"><\/span>\n                    <\/p>\n<\/p><\/div>\n<div>\n<p>Part of the Team Since<\/p>\n<p>Aug 2025<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<p>About Author<\/p>\n<p>Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<div>\n<p><span><\/span><br \/>\n                <span>Fact Checked by<\/span>\n            <\/p>\n<div>\n<p>CryptoNews Editorial Team<\/p>\n<div>\n<div>\n<div>\n<p>Author<\/p>\n<p><span>CryptoNews Editorial Team<\/span><span class><img decoding=\"async\" src=\"https:\/\/cryptonews.com\/wp-content\/themes\/cryptonews\/images\/verification.svg\" alt=\"bitcoins Verified\"><\/span>\n                    <\/p>\n<\/p><\/div>\n<div>\n<p>Part of the Team Since<\/p>\n<p>Sep 2018<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<p>About Author<\/p>\n<p>The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for&#8230;<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<div>\n<p>Last updated:\u00a0<\/p>\n<p><time datetime=\"2026-05-07T09:47:59+00:00\">May 7, 2026<\/time>\n        <\/p>\n<\/p><\/div>\n<\/div>\n<p><img fetchpriority=\"high\" width=\"1200\" height=\"800\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/01\/22120223\/1769083342-trump-crypto.jpg\" alt=\"bitcoins trump crypto bitcoin\" decoding=\"async\"  ><\/p>\n<p>Trump American Bitcoin crypto posted a $45.2 million loss in Q1 2026 while BTC held above $80,000, and that contradiction is the story.<\/p>\n<p>The Trump crypto venture, backed publicly by Donald Trump Jr. and flush with $250 million in political-adjacent capital, is bleeding cash in an epoch where mining profitability demands hardware efficiency, not brand recognition. <\/p>\n<p>Political narrative and operational math are now moving in opposite directions, and the math is winning.<\/p>\n<h2>Bitcoins Trump American Bitcoin Crypto Lost $45M. Here\u2019s What the Math Actually Shows.<\/h2>\n<p>The core problem is structural. American Bitcoin\u2019s average cost to mine one Bitcoin sits at approximately $68,000 per coin, against a spot price that briefly touched $81,425, leaving a razor-thin margin that evaporates the moment energy costs spike or hashrate efficiency lags. <\/p>\n<p>The firm\u2019s fleet efficiency stands at 18 J\/TH, compared to Marathon Digital\u2019s 14 J\/TH, meaning ABTC burns meaningfully more power per unit of computational work. That gap compounds daily.<\/p>\n<p>Revenue dropped 41% year-over-year in Q1 2026, and operational hashrate fell from 10 EH\/s to 7.2 EH\/s \u2013 a 28% contraction that directly cut Bitcoin output. <\/p>\n<p>The company mined 4,500 BTC across all of 2025 at that $68,000 average cost, according to company filings, while simultaneously carrying $200 million-plus in debt servicing from Texas and Wyoming facility expansions. <\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"391\" alt  src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3-1024x391.jpg\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3-1024x391.jpg 1024w, https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3-300x114.jpg 300w, https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3-768x293.jpg 768w, https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3-1536x586.jpg 1536w, https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3-150x57.jpg 150w, https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3-450x172.jpg 450w, https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07092509\/image-31-3.jpg 1898w\" ><figcaption>Source: <a href=\"https:\/\/finance.yahoo.com\/quote\/ABTC\/?guccounter=1\" target=\"_blank\" rel=\"noreferrer noopener\">American Bitcoin Earnings<\/a><\/figcaption><\/figure>\n<p>Q4 2025 alone produced a $59.5 million net loss on a $70 million equipment impairment as Bitcoin dropped 23% from $105,000 to $81,000.<\/p>\n<p>Energy costs are the structural anchor. Glassnode data puts ABTC\u2019s average energy rate at approximately $0.045\/kWh, the upper ceiling of what domestic miners can sustain in the current post-halving epoch.<\/p>\n<p> That is not bad luck. That is the April 2024 halving working exactly as designed, cutting block rewards in half while U.S. energy costs have risen 35% since 2025, per TipRanks analyst James Thorne\u2019s February 28, 2026 assessment.<\/p>\n<p><strong><a href=\"https:\/\/cryptonews.com\/cryptocurrency\/top-crypto-for-diversification\/\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">Discover: The best crypto to diversify your portfolio with<\/a><\/strong><\/p>\n<h2>Bitcoins Does Political Backing Move Bitcoin Mining Economics?<\/h2>\n<p>The Trump endorsement has delivered measurable results. Donald Trump Jr. joined the American Bitcoin board on September 10, 2025, and within weeks, the company closed a $250 million private placement led by Trump-affiliated World Liberty Financial.<\/p>\n<p>ABTC\u2019s valuation surged roughly 40% in Q4 2025 on the back of the political association, per Galaxy Digital\u2019s Alex Thorn in a March 5, 2026, report. Capital access and investor sentiment \u2013 those doors opened.<\/p>\n<figure><img decoding=\"async\" alt=\"bitcoins Donald Trump Jr. celebrates with supporters at a Bitcoin event with confetti.\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/05\/07071232\/donald-trump-jr-american-bitcoin-inline.webp\" srcset><\/figure>\n<p>What it cannot open: the difficulty adjustment. Political capital does not negotiate with the Bitcoin protocol. <\/p>\n<p>The network\u2019s hashrate continued climbing post-halving, driven in part by what Thorn described as \u201cfloods of cheap Chinese hashrate,\u201d compressing margins for every domestic miner regardless of who sits on their board. <\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/quote\/AMBT\/\" target=\"_blank\" rel=\"noreferrer noopener\">AMBT stock <\/a>fell 12% following the Q1 2026 earnings release, underperforming both Riot Platforms and Marathon Digital. The market priced the gap between narrative and output.<\/p>\n<p>That legal overhang adds another variable that brand association cannot neutralize. Trump crypto positioning generates capital raises and regulatory goodwill; the administration\u2019s March 2026 mining incentive bill targets $1 billion in domestic miner subsidies by Q3 2026, which could matter.<\/p>\n<p><a href=\"https:\/\/cryptonews.com\/cryptocurrency\/best-crypto-presales\/\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\"><strong>Discover: The best pre-launch token sales<\/strong><\/a><\/p>\n<p>\n                                    <a href=\"https:\/\/news.google.com\/publications\/CAAqKQgKIiNDQklTRkFnTWFoQUtEbU55ZVhCMGIyNWxkM011WTI5dEtBQVAB?ceid=US:en&#038;oc=3\" target=\"_blank\"><\/p>\n<p>                            <svg width=\"20\" height=\"16\" viewBox=\"0 0 20 16\" fill=\"none\">\n                            <path d=\"M19.6 5.36C19.6 5.48 19.6 5.66 19.54 5.78L17.2 12.8V5.6C17.2 4.94 16.66 4.4 16 4.4H12.82L12.52 3.8L11.86 2.36L15.34 3.32L18.58 4.16C19.18 4.28 19.6 4.82 19.6 5.36Z\" fill=\"#FF4131\" \/>\n                            <path d=\"M15.4 0.799997V3.26L11.92 2.3L11.74 1.88C11.44 1.28 10.72 0.979997 10.12 1.22L4.59998 3.38V0.799997C4.59998 0.499997 4.89998 0.199997 5.19998 0.199997H14.8C15.1 0.199997 15.4 0.499997 15.4 0.799997Z\" fill=\"#03A846\" \/>\n                            <path d=\"M12.82 4.4H4.00002C3.34002 4.4 2.80002 4.94 2.80002 5.6V11.42L0.520024 6.5C0.460024 6.26 0.400024 6.08 0.400024 5.9V5.84C0.400024 5.3 0.700024 4.82 1.24002 4.64L4.60002 3.32L10.06 1.22C10.72 0.979997 11.44 1.28 11.68 1.88L11.86 2.3L12.52 3.74L12.82 4.4Z\" fill=\"#FDBD04\" \/>\n                            <path d=\"M17.2 5.59999V14.6C17.2 15.26 16.66 15.8 16 15.8H4.00005C3.34005 15.8 2.80005 15.26 2.80005 14.6V5.59999C2.80005 4.93999 3.34005 4.39999 4.00005 4.39999H16C16.66 4.39999 17.2 4.93999 17.2 5.59999ZM9.40005 9.79999H7.00005V11H7.90005C7.60005 11.36 7.18005 11.6 6.70005 11.6C5.86005 11.6 5.20005 10.94 5.20005 10.1C5.20005 9.25999 5.86005 8.59999 6.70005 8.59999C7.12005 8.59999 7.48005 8.77999 7.78005 9.01999L8.62005 8.17999C8.14005 7.69999 7.48005 7.39999 6.70005 7.39999C5.20005 7.39999 4.00005 8.59999 4.00005 10.1C4.00005 11.6 5.20005 12.8 6.70005 12.8C7.90005 12.8 8.86005 12.08 9.22005 11C9.34005 10.7 9.40005 10.4 9.40005 10.1C9.40005 9.97999 9.40005 9.91999 9.40005 9.79999ZM14.8 7.39999H10.6V8.59999H14.8V7.39999ZM16 9.79999H10.6V11H16V9.79999ZM14.8 12.2H10.6V13.4H14.8V12.2Z\" fill=\"#0284FE\" \/>\n                            <\/svg><br \/>\n                                                                    Follow us on Google News                                    <\/a>\n                                <\/p>\n<\/p><\/div>\n<p> Maribel Stoval <a href=\"https:\/\/cryptonews.com\/news\/trump-crypto-premium-fading-american-bitcoin-mining-math-2026\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since<\/p>\n","protected":false},"author":1,"featured_media":919467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4],"tags":[11476],"class_list":["post-919466","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-trump","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/919466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=919466"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/919466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/919467"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=919466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=919466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=919466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}