Bitcoin News

Story: American Bitcoin Hits Historic 932 BTC, Sparks Cost Dispute with Eric Trump’s Claims

By James Thorp

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Two Cost Figures, Only One Can Prevail. Forbes released an estimate: $90,000 per BTC produced. Eric Trump, however, claims $57,000.

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Trump's Debanking and Stablecoin Vision. Eric Trump's involvement in crypto doesn't come out of nowhere.

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American Bitcoin mined 932 BTC in the second quarter of 2026, marking a historic record. The company, listed on Nasdaq under the ticker ABTC, saw its stock rise by 50% within a…

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The facility is operating at full capacity. With 90,000 machines, 28.1 EH/s of computing power, and an announced efficiency of 16 joules per terahash, daily production varies…

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Forbes released an estimate: $90,000 per BTC produced. Eric Trump, however, claims $57,000. The gap between the two is significant — almost a 40% difference in unit cost.

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Forbes believes that certain indirect costs — maintenance, personnel, infrastructure — are likely underestimated in Trump's version.

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Trump, on his part, sticks to his position. For him, it's all about energy. "It's really an energy play," he says.

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So, the competitive advantage exists. But at what exact cost? Still unclear.

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See also: Solana Burns 18.9 Million SOL as Bitcoin Aims for Quantum Security

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Eric Trump's involvement in crypto doesn't come out of nowhere. Capital One closed 300 of the Trump family's bank accounts — without notice, without obvious recourse.

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According to him, stablecoins are the future. Not just a trading tool, but a real foundation for everyday transactions, capable of gradually replacing traditional banking…

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It's a vision. But a vision based on a personal experience of friction with the traditional banking system.

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Meanwhile, Michael Saylor seems to be considering new bitcoin acquisitions, according to available information. No firm confirmation, but the direction is known.

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American Bitcoin, on the other hand, is betting on production. And on Texas's cheap energy as a sustainable advantage.

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Related topic: Bitcoin Futures Open Interest Hits $54.82 Billion as Traders

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