American Bitcoin Reports Q3 2026 Financial Performance

American Bitcoin Corp. (Nasdaq: ABTC), a leader in Bitcoin accumulation and infrastructure, has shared its financial results for the third quarter of 2026, revealing a fruitful period in terms of both mining operations and financial growth.

Strong Growth in Bitcoin Holdings

During the quarter, American Bitcoin successfully increased its Bitcoin holdings by approximately 5%. This growth is highlighted by an increase in Satoshis per Share (SPS) from about 10,989 on June 30, 2026, to around 11,572 by September 30, 2026.

• Bitcoin holdings rose from approximately 8,002 to 8,427, marking an addition of 425 Bitcoin in just three months.
• The company's strategic approach has allowed it to mine Bitcoin effectively without inflating share numbers or purchasing additional Bitcoin during this time.

Mining Operations and Financial Performance

In the third quarter, American Bitcoin generated about $63.4 million in mining revenue, a slight decrease from $67.0 million the previous quarter. The company faced challenges with seasonal power costs affecting profit margins.

• Approximately 891 Bitcoin were mined in this quarter, contributing to 21% of the total Bitcoin mined since the company’s inception on March 31, 2025.
• Gross profit for the quarter was calculated at around $25.8 million, yielding a gross margin of about 41%.

Despite these challenges, the company reported a significant net income of $126 million for Q3 2026, a remarkable turnaround from a net loss of $57.2 million in Q2 2026. Additionally, the Adjusted EBITDA stood at approximately $221 million, contrasting sharply with a loss of $45.0 million in the previous quarter.

Future Outlook and Strategies

CEO Mike Ho emphasized the company’s dedication to building a sustainable, Bitcoin-focused operational framework. He stated, "Our focus remains on efficiently accumulating Bitcoin and maintaining operational flexibility to foster growth in Bitcoin per share. We are keen on creating lasting value for our shareholders through disciplined practices during various market cycles."

Co-Founder Eric Trump echoed this sentiment, noting that American Bitcoin is strategically positioned at the crossroads of Bitcoin and energy sectors, which are expected to play pivotal roles in the future economy.

Conference Call and Investor Communications

The company will host an earnings conference call on November 4, 2026, at 4:30 PM ET, providing an opportunity for investors to discuss the results and future strategies. Interested parties can listen to the call via a live webcast or telephone.

For ongoing updates and financial information, American Bitcoin encourages investors to visit their official website and social media channels, ensuring transparent communication regarding their operations and market positions.

Overview of American Bitcoin Corp.

As a majority-owned subsidiary of Hut 8 Corp., American Bitcoin Corp. is dedicated to developing a robust Bitcoin infrastructure within the United States. The company integrates self-mining operations with disciplined accumulation frameworks to offer industry-leading exposure to Bitcoin.