The American Bitcoin (ABTC.US), supported by the Trump family, has suffered losses for three consecutive quarters while increasing its Bitcoin holdings to 8,000 coins.

According to the Zhitong Finance APP, due to the decline in Bitcoin prices, American Bitcoin (ABTC.US), a Bitcoin mining company and treasury firm supported by the Trump family, has reported losses for the third consecutive quarter. The Miami-based company announced on Monday that it had a loss of $57 million in the second quarter, or $0.80 per share, compared to a loss of $82 million in the first quarter; second quarter revenue was $67 million, compared to $62 million in the previous quarter.