Saylor’s Left Speechless as Donnie and Sons’ Bitcoin Machine Cooks Up a 5x Revenue Explosion

“I’m sorry, I wasn’t familiar with your game…” -me after seeing Donnie and Sons earnings report

Well as much as I like to poke fun at Truth Social and their Casper the Ghost revenue… American Bitcoin just gave Donnie something BIGLY to endlessly brag about and use as a distraction whenever he’s asked about how we’re gonna lower our country’s healthcare. The Saylor copy-cat, unlike most, actually made a profit... and get this… 5x’d its revenue from a year ago.

And look… the name “American Bitcoin” feels like something cooked up in a Miami Airbnb during Bitcoin 2021 weekend, but the operation is legit. It officially became a standalone public company after spinning out of Hut 8 earlier this year, with the Trump brothers owning about 20% between them. Eric is the co-founder and chief strategy officer, which means he’s the one who gets quoted in the press releases, while Don Jr. gets to say things like “proud shareholder” on podcasts.

So, how’d they pull this off? By doing the thing every miner claims they do but rarely execute on: mine bitcoin below market, do it at scale, and avoid lighting money on fire along the way. Eric Trump even spelled it out: “While others paid spot, we generated bitcoin below market through scalable, asset-light mining operations.” In other words: “We did it cheaper. Next question.”

The real driver was capacity. American Bitcoin spent the past quarter quietly expanding its hash operation, increasing mining power 2.5× to 25 exahash per second. That upgrade helped the company add 3,000 BTC during the quarter, bringing its total stash to 4,004 bitcoin… roughly $400 million at recent prices.

(Source: Reuters)

And yes, this absolutely gives Donnie another talking point about America “dominating crypto again.” Prepare your ears accordingly. Of course, it wouldn’t be crypto without a little chaos. Shares still fell as much as 13% in pre-market trading after bitcoin itself slipped 7% overnight. A nice reminder that price action doesn’t care about your accomplishments. But the fundamentals are the fundamentals.

While most Trump-adjacent ventures run on political support, discount codes, and motivational merch, American Bitcoin actually delivered. It produced real revenue. It booked real profit. It built a real mining footprint. And it now holds more bitcoin than some countries with flags.

The Trump orbit has tried a lot of industries over the years. This is the first one that seems genuinely happy to have them.

At the time of publishing this article, Stocks.News holds positions in Bitcoin and Ethereum as mentioned in the article.