ABTC

American Bitcoin is rated Buy with a 12-month target of $11, reflecting a conservative stance versus Wall Street consensus. Despite a ~67% YTD decline by mid-September and structural challenges, ABTC was the lowest-cost listed miner in Q2, generating ~$26M of cash profit in a weak quarter. Shares trade below the value of ABTC's total Bitcoin holdings due to dilution risk, related-party fees to Hut 8, and liquidity constraints.

American Bitcoin Corp. (ABTC) Q2 2026 Earnings Call Transcript

American Bitcoin reported Q2 FY26 results with revenue and EPS missing expectations, but operational metrics showed record Bitcoin production and strong fleet efficiency. ABTC's cost to mine remained competitive at ~$36,500 per Bitcoin, while SG&A expenses were well controlled, supporting stable mining economics despite higher energy costs. Valuation has reset significantly, but a large working capital deficit (~$111 million) and substantial miner purchase obligations ($371.7 million) constrain financial flexibility.

American Bitcoin NASDAQ: ABTC reported higher second-quarter Bitcoin production and revenue as the company brought its Drumheller facility online at scale, while a decline in Bitcoin prices contributed to a GAAP net loss tied largely to fair-value accounting for its digital-asset holdings.

American Bitcoin , backed by two of U.S. President Donald Trump's ​sons, swung to a second-quarter ‌loss on Monday, hurt by a selloff in the cryptocurrency.

Grew Strategic Reserve to Over 8,000 Bitcoin, Driven by Record Quarterly Bitcoin Production MIAMI, Aug. 3, 2026 /PRNewswire/ -- 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 American Bitcoin, said: "Our view of the world is simple: Bitcoin is a growing capital asset, and we believe its long-term compounding will outperform our cost of capital.

MIAMI, July 10, 2026 /PRNewswire/ -- American Bitcoin Corp. (Nasdaq: ABTC) ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, today announced it will release earnings for the second quarter of 2026 before the market opens on August 3, 2026. The Company will host a conference call and webcast to review the results on the same day at 8:30 a.m.

American Bitcoin's Class A common stock expected to begin trading on a reverse split-adjusted basis on July 6, 2026 MIAMI, July 1, 2026 /PRNewswire/ -- American Bitcoin Corp. (Nasdaq: ABTC) ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, today announced that it expects a 1-for-15 reverse stock split of its common stock will be effective at 5:00 p.m. on July 2, 2026.

Coinbase (NASDAQ:COIN | COIN Price Prediction) Head of Institutional Strategy John D'Agostino used a recent CNBC Squawk Box appearance to push back on the wave of skepticism that has followed a brutal stretch for crypto prices.

In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.