American Bitcoin(NASDAQ) ABTC

American Bitcoin collects and mines Bitcoin. It helps people invest in Bitcoin through a public company. Powerful computers are used to earn digital rewards.

Mining for Digital Gold

• Bitcoin Mining: Generates rewards by providing computing power to third-party mining pools; uses high-performance hardware to process blockchain transactions.
• Digital Treasury: Accumulates and holds Bitcoin as a long-term asset; held approximately 8,000 Bitcoin as of June 30, 2026.
• Hosting Services: Operates mining equipment across five sites in North America; provides processing power based on a contractual formula.

Building a Massive Fleet

• Became a standalone public entity on March 31, 2025, after separating from Hut 8.
• Commenced trading on the Nasdaq exchange in September 2025 following a merger with Gryphon Digital Mining.
• Expanded mining capacity at the Vega site in Texas during August and September 2025.
• Reenergized the Drumheller site in Alberta and deployed 11,298 miners in April 2026.
• Issued 12,121,321 shares through a stock sales agreement to raise $385.2 million between inception and June 30, 2026.

What Makes American Bitcoin Stand Out

The company operates a large-scale mining fleet with a total capacity of 28.1 exahash per second as of mid-2026. It utilizes a two-pronged strategy that combines industrial mining operations with tactical Bitcoin acquisitions to build its treasury. Exahash per second (EH/s) measures the total speed of the mining machines, while joules per terahash (J/TH) measures how much energy those machines use to perform their work.

A Look at the Numbers

• Revenue was $67.0 million for the quarter ended June 30, 2026, up $36.7 million year over year.
• Net loss reached $57.2 million for the three-month period ended June 30, 2026.
• Total Bitcoin production reached 1,749 mined during the six months ended June 30, 2026.
• Market cap reached $941.1 million in the first quarter of 2026, up 21.9% year over year.
• Adjusted EBITDA, a non-GAAP measure, was a loss of $45.0 million for the quarter ended June 30, 2026.

Bottom Line

American Bitcoin has transitioned from a subsidiary division into a standalone, publicly traded platform focused on digital asset accumulation. Its expansion of mining capacity and stock-based funding supports its goal of building one of the largest Bitcoin treasuries among public companies.