American Bitcoin, a Trump family-linked Bitcoin miner, reported a Q1 2026 net loss of about $81.79 million as Hut 8 reported $71.01 million in quarterly revenue. The company said its Bitcoin holdings rose 30% quarter over quarter to 7,021 BTC and later increased to 7,300 BTC after adding 300 BTC. BitcoinTreasuries.NET said the company now ranks 16th among corporate Bitcoin holders. Earlier reporting also cited a $117.2 million impact from digital asset volatility, mining revenue of $62.1 million versus $78.3 million a year earlier, 817 BTC mined and 803 BTC purchased during the quarter, and a separate Bloomberg figure of about 1,600 BTC that remains inconsistent with the company’s stated treasury size.