American Bitcoin, the mining firm backed by the Trump family, has slashed its cost to produce each Bitcoin to roughly $36,200 in the first quarter of 2025. That's down from $46,900 in the prior quarter — a 23% drop that puts it among the leanest public mining operations in the industry.
The news comes as most of its major peers are scaling back their mining businesses, and the broader sector pivots toward artificial intelligence.
The cost advantage
American Bitcoin's Q1 figure makes it one of the lowest-cost public miners. The $10,700 per-coin reduction from Q4 2025 wasn't explained in detail, but the company has been known to focus on operational efficiency. At a time when many competitors are slashing hash rates or even exiting Bitcoin mining entirely, the Trump-family-backed firm is doubling down on production economics.
Industry backdrop: AI pivot
The wider mining industry isn't just shrinking — it's reshaping. Many of American Bitcoin's peers have already reallocated resources toward artificial intelligence infrastructure, converting mining facilities into AI data centers. That pivot has left a gap in Bitcoin's hashrate, which firms like American Bitcoin seem poised to fill.
The company hasn't publicly announced any AI-related moves itself, but the broader industry trend suggests the cost efficiency gives it options. With the next Bitcoin halving still a year away, every dollar saved on production matters.
American Bitcoin's Q1 2025 results were filed this week. The company did not provide forward guidance.
