American Bitcoin, a mining company owned by the Trump family, suffered a net loss of $153.2 million for the full year of 2025 due to its holdings BlockBeats News: On February 26th, according to the financial report released by American Bitcoin, a cryptocurrency mining company supported by the Trump family, the company achieved a revenue of $185.2 million in its first year of operation and a net loss of $153.2 million for the year. The loss was mainly due to a non cash unrealized loss of $227.1 million in Bitcoin holdings caused by fair value accounting adjustments. American Bitcoin also reported an adjusted EBITDA of -157.3 million US dollars for that year. Despite losses, the company rapidly expanded its Bitcoin holdings, holding 5401 BTC on its balance sheet as of the end of 2025. The company stated that a total of 1654 BTC were mined from the beginning to the end of the second quarter, of which 783 were mined in the fourth quarter. At the end of the year, about one-third of Bitcoin holdings came from mining, while the rest were obtained through strategic trading and market purchases. With the expansion of mining machine scale and operational improvement, the company's fourth quarter revenue was 78.3 million US dollars, an increase of 22% compared to the previous quarter. The annual gross profit margin is about 50%, allowing it to accumulate Bitcoin at a structural discount lower than the spot price, with a gross profit margin of 53% in the fourth quarter.