American Bitcoin is a pure-play bitcoin accumulation platform that combines large-scale self-mining with a strategy of holding mined and purchased bitcoin as a corporate reserve. It operates ASIC mining hardware, with facilities managed in partnership with majority owner Hut 8, aiming to produce bitcoin at below-market cost. The company targets investors seeking institutional-style exposure to bitcoin through an integrated mining-and-treasury model.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 30.3 | — | 3.4 | — |
| Q3 2025 | 64.2 | — | 3.5 | — |
| Q4 2025 | 78.3 | — | -59.5 | — |
| Q1 2026 | 62.1 | — | -81.8 | — |
| Q2 2026 | 67 | 121.3% | -57.1 | -1,765.7% |
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