•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
ABTC, the bitcoin mining and treasury company co-founded by Eric Trump, reported an $81.8 million net loss for the first quarter of 2026, extending losses from the $59.5 million recorded in the previous quarter.
During the quarter, mining revenue fell to $62.1 million from $78.3 million in Q4 of 2025, with declining Bitcoin prices weighing on results. Operating expenses rose to $150.7 million.
Despite the loss, ABTC mined a record 817 BTC during the quarter. The company also purchased 803 BTC for its treasury, increasing its total holdings to 7,021 BTC.
The company attributed the decline in mining revenue to lower Bitcoin prices, which reduced the value of mined output and contributed to weaker financial performance.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
