American Bitcoin Corp., the Trump family-linked mining company, reported a fourth-quarter net loss of $59 million as bitcoin prices fell, cutting the value of its digital asset holdings.

The Miami-based firm, which trades on the Nasdaq under the ticker ABTC, said revenue for the three months ended Dec. 31 totaled $78.3 million, up from $64.2 million a year earlier but slightly below analyst estimates of $79.6 million. For the full year, the company generated $185.2 million in revenue.

Bitcoin declined about 23% in the fourth quarter, pressuring companies that hold large reserves of the cryptocurrency on their balance sheets. Under updated rules from the Financial Accounting…

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