Episode Details

American Bitcoin, backed by the Trump brothers, significantly reduced its mining costs by 23% in Q1, now at $36,200 per bitcoin, and increased output by 3.05 exahash, totaling 28.1 exahash across 89,000 machines. Despite a net loss of $81.8 million, core mining remained profitable, with revenue at $62.1 million and a lower average sell price per coin. The company also added 1,621 bitcoins to its holdings, now totaling 7,021, securing 16th place among public holders and emphasizing its commitment to minings future.

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