ABTC
American Bitcoin Corp1.6500
+0.0000+0%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
1.53BP/E (TTM)
9.17Basic EPS (TTM)
0.18Dividend Yield
0%Recent Filings
10-K
FY2025 results
American Bitcoin scaled mining revenue to $185M in FY2025 ended December 31, 2025, up from $72M in FY2024, driven by fleet upgrades at Medicine Hat/Salt Creek (completed April 2025) and Vega site deployment adding 14.9 EH/s in Q3. Bitcoin mined rose to 1,789 from 1,184 y/y, yet Q4 momentum slowed amid network difficulty; mined ~$103K/BTC vs. prior $60K. Operational hashrate hit 21.9 EH/s (78K miners at 16.3 J/TH), with 5,401 BTC reserve built post-spin from Hut 8 (March 2025) via $481M equity raises including $241M ATM. Fleet stands ready for 28 EH/s expansion. Bitcoin price crashed 6% y/y to $87K, wiping $227M in fair value. Hut 8 leases ensure power; liquidity solid. Bitcoin volatility threatens hashrate growth.
8-K
Q4 53% margin Bitcoin discount
American Bitcoin reported 2025 results on February 26, 2026, with Q4 revenue of $78.3M up 22% from Q3 and 53% gross margin, enabling Bitcoin accumulation at a 53% discount to spot. Holdings hit 5,401 BTC at year-end, now over 6,000, via mining 1,654 BTC and purchases; yet net loss reached $153.2M from $227.1M non-cash Bitcoin mark-to-market hit. Engine's humming.
8-K
Q3 revenue doubles to $64.2M
American Bitcoin crushed Q3 with revenue rocketing to $64.2M from $11.6M year-prior, flipping to $3.5M net income while Adjusted EBITDA hit $27.7M. Mined and bought over 3,000 Bitcoin to grow reserves to 3,418 BTC; scaled hashrate 2.5x to 25 EH/s. Gross margins climbed to 56%. Merger costs weighed $5.2M.
10-Q
Q3 FY2025 results
American Bitcoin Corp. swung to $64.2M revenue in Q3 ended September 30, 2025, up sharply from $11.6M y/y, driving $7.2M operating income versus a $10.2M loss (derived). Gross costs climbed with higher power use, yet mining efficiency gained from fleet upgrades and new Bitmain miners. Q3 netted $3.5M profit after tax, while YTD shows $93.7M net loss from $115M digital asset write-downs post Hut 8 spinout. Closed Gryphon merger September 3 for $135.8M stock, recognizing $151.8M goodwill; holds $8M cash, no debt, but $286M miner liability. Bitcoin price swings hit hard.
8-K
Q3 Bitcoin mining, purchases
American Bitcoin mined 563 Bitcoin and purchased 2,451 during Q3 2025, funding buys via $90M gross proceeds from issuing 11M shares under its ATM program, netting $88M after costs. Revenue hit $64.2M with 56% gross margin. Bitcoin reserves stood at 3,418 as of September 30, rising to 3,960 by November 3. Pledged Bitcoin exceeds 2,700 coins.