Company research
American Bitcoin Corp.
CIK 1755953Updated Sep 24, 2026
Historical securities (2)
KERN · OTC · equity · closed Feb 8, 2024KERNW · NASDAQ · warrant · closed Jun 18, 2024ABTC price & chart
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NASDAQ:ABTC on TradingView ↗About the company
American Bitcoin Corp., a majority-owned subsidiary of Hut 8 Corp., is a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure. The Company delivers institutional-grade exposure to Bitcoin through an industry-first business model that integrates scaled self-mining operations with disciplined accumulation strategies. For more information, visit abtc.com and follow the Company on X at @ABTC.
In the news
American Bitcoin Schedules Second Quarter 2026 Earnings Release and Conference Call ↗
Recent filings
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
4 filing
Show 5 more recent filings
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other Events
Items 3.03, 5.03, 8.01, 9.01
4 filing
Submission of Matters to a Vote of Security Holders · Other Events
Items 5.07, 8.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,246,512,000Source | 7,632,000Source | 1,358,087Source | 19,468,492Source |
| Property, Plant and Equipment, NetUSD | 341,724,000Source | 2,994,000Source | 21,689Source | 48,879Source |
| GoodwillUSD | 154,426,000Source | — | — | 1,708,303Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 100,000Source | — | 2,164,722Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 735,000Source | 768,461Source | 877,755Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | 147,855Source | 674,626Source |
| Assets, CurrentUSD | 8,924,000Source | 2,275,000Source | 1,336,398Source | 14,892,032Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | 420,082Source | 1,209,623Source |
| Operating Lease, Right-of-Use AssetUSD | 166,684,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 580,693,000Source | 14,642,000Source | 10,369,282Source | 24,294,020Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | 5,000Source | 52Source | 460Source |
| Additional Paid in CapitalUSD | — | — | 9,200,000Source | — |
| Retained Earnings (Accumulated Deficit)USD | -52,548,000Source | -67,735,000Source | -179,144,015Source | -167,565,846Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | 227,000Source | 347,100Source |
| Stockholders' Equity Attributable to ParentUSD | 665,819,000Source | -7,010,000Source | -9,011,195Source | -4,825,528Source |
| Additional Paid in Capital, Common StockUSD | 718,270,000Source | 60,050,000Source | 164,583,630Source | 160,207,367Source |
| Liabilities and EquityUSD | 1,246,512,000Source | 7,632,000Source | 1,358,087Source | 19,468,492Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 111,594,000Source | 9,258,000Source | 10,369,282Source | 22,725,218Source |
| Operating Lease, Liability, CurrentUSD | 51,595,000Source | — | — | — |
| Accounts Payable, CurrentUSD | 1,957,000Source | 5,514,000Source | 2,165,342Source | 1,510,287Source |
| Operating Lease, Liability, NoncurrentUSD | 136,800,000Source | — | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | 3,531,000Source | — | — |
| Deferred Revenue, CurrentUSD | — | — | 399,652Source | 568,771Source |
| Deferred Revenue, NoncurrentUSD | — | — | — | 161,802Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 1,713,666Source |
| Long-term DebtUSD | — | — | 5,149,000Source | — |
| Long-term Debt, Current MaturitiesUSD | — | — | 5,149,000Source | 13,200,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 1,407,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -79,057,610Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | 918,898Source | 7,834,712Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,145,000Source | 1,588,000Source | 403,501Source | 873,929Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | -486,000Source | -8,295Source | -197,647Source |
| Deferred Income Tax Expense (Benefit)USD | 18,840,000Source | — | — | -675,290Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -79,608,000Source | -3,396,000Source | -5,888,352Source | -10,900,729Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | -894,000Source | — | — | -400,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -398,261,000Source | -2,747,000Source | 1,237,362Source | -3,972,144Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 1,075,000Source | — | 31,884Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 49Source | 9,926Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 481,691,000Source | 5,963,000Source | -2,767,405Source | 8,635,827Source |
| Repayments of Long-term DebtUSD | — | — | — | 5,250,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -180,000Source | -7,414,794Source | -6,259,271Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,822,000Source | 735,000Source | 768,461Source | 8,183,255Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 40,000Source | 787,187Source | 256,440Source |
| Income Taxes Paid, NetUSD | 6,000Source | — | — | -15,684Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 3,601Source | -22,225Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | 0Source | — | — |
| Amortization of Intangible AssetsUSD | 0Source | — | — | 5,600,000Source |
| DepreciationUSD | 58,200,000Source | 11,179,000Source | 27,883Source | 46,716Source |
| Depreciation, Amortization and Accretion, NetUSD | 58,239,000Source | — | — | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | — | 63,178Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | — | — | 212,601Source | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | — | -3,188,101Source | — |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | — | -288,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 22,506Source | 14,553Source |
| Gain (Loss) on Disposition of AssetsUSD | — | -146,000Source | — | — |
| Gain (Loss) on Sale of DerivativesUSD | 56,318,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -2,454,000Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | 6,248,000Source | — | — |
| General and Administrative ExpenseUSD | 33,394,000Source | 11,267,000Source | 5,677,485Source | 8,344,613Source |
| GoodwillUSD | 154,426,000Source | — | — | 1,708,303Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | 31,135,994Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -8,602,669Source | -58,625,436Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -153,171,000Source | — | — | -12,919Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -2,975,500Source | -20,432,174Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -20,432,174Source |
| Income Tax Expense (Benefit)USD | -18,115,000Source | — | — | -716,155Source |
| InterestExpenseNonoperatingUSD | — | 914,000Source | — | — |
| Marketable Securities, Unrealized Gain (Loss)USD | — | -288,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -153,171,000Source | -21,300,000Source | -11,578,169Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -11,578,169Source | -80,013,110Source |
| Noncash Merger Related CostsUSD | — | 394,000Source | — | — |
| Nonoperating Income (Expense)USD | 56,702,000Source | -3,553,000Source | -1,703,620Source | -3,895,912Source |
| Operating Costs and ExpensesUSD | — | 38,286,000Source | — | — |
| Operating ExpensesUSD | — | — | 10,334,052Source | 63,678,321Source |
| Other Nonoperating Income (Expense)USD | — | — | -202,820Source | -221,101Source |
| Proceeds from Contributed CapitalUSD | — | — | — | 1,854,565Source |
| Proceeds from Contributions from AffiliatesUSD | 38,662,000Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | 1,395,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 13,645,030Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 185,164,000Source | 20,539,000Source | 6,836,444Source | 13,645,030Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -227,988,000Source | -17,747,000Source | -6,899,049Source | -55,445,679Source |
| Other Nonoperating Income (Expense)USD | — | — | -202,820Source | -221,101Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -171,286,000Source | -21,300,000Source | -8,602,669Source | — |
| Income Tax Expense (Benefit)USD | -18,115,000Source | — | — | -716,155Source |
| Net Income (Loss) Attributable to ParentUSD | -153,171,000Source | -21,300,000Source | -11,578,169Source | — |
| Earnings Per Share, BasicUSD per share | -0.17Source | -0.51Source | -31.21Source | -27.33Source |
| Earnings Per Share, DilutedUSD per share | -0.17Source | -0.51Source | -31.21Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 905,027,438Source | 41,911,711Source | 371,020Source | 2,927,853Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 905,078,048Source | 41,911,711Source | 371,020Source | — |
| Interest Expense (non-operating)USD | — | 914,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 0Source | — | — | 5,600,000Source |
| Current Income Tax Expense (Benefit)USD | -725,000Source | — | — | -40,865Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 58,239,000Source | 11,179,000Source | 27,191Source | 5,622,274Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | — | -3,188,101Source | — |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | — | -288,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 22,506Source | 14,553Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | 6,248,000Source | — | — |
| General and Administrative ExpenseUSD | 33,394,000Source | 11,267,000Source | 5,677,485Source | 8,344,613Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | 31,135,994Source |
| Gross ProfitUSD | — | — | 3,435,003Source | 8,232,642Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -8,602,669Source | -58,625,436Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -66,364,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -153,171,000Source | — | — | -12,919Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.17Source | — | -23.19Source | -20.35Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.17Source | — | -23.19Source | -20.35Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -2,975,500Source | -20,432,174Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -20,432,174Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | -1,130,343Source | -853,716Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -11,578,169Source | -80,013,110Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | -153,171,000Source | — | — | — |
| Nonoperating Income (Expense)USD | 56,702,000Source | -3,553,000Source | -1,703,620Source | -3,895,912Source |
| Operating Costs and ExpensesUSD | — | 38,286,000Source | — | — |
| Operating ExpensesUSD | — | — | 10,334,052Source | 63,678,321Source |
| Research and Development ExpenseUSD | — | — | 2,335,609Source | 4,690,967Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 13,645,030Source |
| Selling and Marketing ExpenseUSD | — | — | 2,293,767Source | 6,053,172Source |
Filing attachments
abtc-ex99_1.htm · 8-K · 2026-08-03
EX-99.1 2 abtc-ex99_1.htm EX-99.1 EX-99.1 American Bitcoin Reports Second Quarter 2026 Results Grew Strategic Reserve to Over 8,000 Bitcoin, Driven by Record Quarterly Bitcoin Production MIAMI, FL, August 3, 2026 (PR NEWSWIRE) - American Bitcoin Corp. (Nasdaq: ABTC) (“American Bitcoin” or the “Company”), a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure backbone, today reported its financial results for the second quarter of 2026. Mike Ho, CEO of Americ…
Read attachment ↗abtc-ex99_1.htm · 8-K · 2026-07-06
EX-99.1 3 abtc-ex99_1.htm EX-99.1 EX-99.1 AMERICAN BITCOIN CORP. Nasdaq: ABTC FOR IMMEDIATE RELEASE American Bitcoin Announces Effective Date of Reverse Stock Split American Bitcoin’s Class A common stock expected to begin trading on a reverse split-adjusted basis on July 6, 2026 MIAMI, FL, July 1, 2026 - American Bitcoin Corp. (Nasdaq: ABTC) (“American Bitcoin” or the “Company”), a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure backbone, today annou…
Read attachment ↗abtc-ex99_1.htm · 8-K · 2026-05-06
EX-99.1 2 abtc-ex99_1.htm EX-99.1 EX-99.1 American Bitcoin Reports First Quarter 2026 Results Grew Strategic Reserve to Over 7,000 Bitcoin, a ~30% Increase in a Single Quarter, While Maintaining ~52% Mining Gross Margin Despite Bitcoin’s ~22% Decline MIAMI, FL, May 6, 2026 (PR NEWSWIRE) - American Bitcoin Corp. (Nasdaq: ABTC) (“American Bitcoin” or the “Company”), a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure backbone, today reported its financial re…
Read attachment ↗