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American Bitcoin Corp logo

American Bitcoin Corp

ABTC

NASDAQFinancial ServicesFinancial - Capital Markets

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Regular session

$8.485

+$0.555 · +7.00%

Aug 24, 1:41 PM ET

ABTC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

30

Weakening

Sentiment

40

Bearish

Risk resilience

7

Extreme Risk

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Company profile

Company website

American Bitcoin Corp (ABTC) operates as a firm focused on strategically accumulating and mining Bitcoin. The company was established through the consolidation of American Data Centers and Hut 8’s mining division. Its core mission is to boost its Bitcoin holdings on a per-share basis, which it achieves through a two-pronged approach: maintaining robust, large-scale mining operations and executing tactical Bitcoin acquisitions when market conditions are favorable. ABTC commenced trading publicly on the Nasdaq exchange in September 2025, an event that occurred after its merger with Gryphon Digital Mining.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
US
CEO
Michael
Listed since
Feb 26, 2018
Employees
2

Market position

Day range

Current $8.485

52-week range

Current $8.485

Open
$8.01
Previous close
$7.93
Volume
1.83M
1.4× average
Average volume
1.31M
Average daily volume
Market cap
618.7M USD
Beta
3.87
Market reference 1
50-day average
$7.8892
+7.55% above average
200-day average
$21.3796
-60.31% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.72B USD
P/E (TTM)
-2.97×
P/B (TTM)
0.9×
P/S (TTM)
2.28×
EV / EBITDA
-15.24×
Earnings yield
-9.96%
Free cash flow yield
-5.17%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
47.06%
Operating margin
-102.69%
Net margin
-71.75%
Return on equity
-23.00%
Return on assets
-12.29%
Return on invested capital
-17.18%

Financial health

Debt / equity
0.11×
Current ratio
0.08×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends762%420%79%-263%Gross margin, FY2021: 28.47%Gross margin, FY2022: 35.48%Gross margin, FY2023: 32.89%Gross margin, FY2024: 44.77%Gross margin, FY2025: 50.31%Operating margin, FY2021: -90.12%Operating margin, FY2022: -128.49%Operating margin, FY2023: 9.60%Operating margin, FY2024: 676.71%Operating margin, FY2025: -123.13%Net margin, FY2021: -177.73%Net margin, FY2022: -158.61%Net margin, FY2023: 60.96%Net margin, FY2024: 599.60%Net margin, FY2025: -82.72%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.47%. Gross margin FY2022 35.48%. Gross margin FY2023 32.89%. Gross margin FY2024 44.77%. Gross margin FY2025 50.31%. Operating margin FY2021 -90.12%. Operating margin FY2022 -128.49%. Operating margin FY2023 9.60%. Operating margin FY2024 676.71%. Operating margin FY2025 -123.13%. Net margin FY2021 -177.73%. Net margin FY2022 -158.61%. Net margin FY2023 60.96%. Net margin FY2024 599.60%. Net margin FY2025 -82.72%.

Income trends

Revenue

185.16M USD+158.84%

Operating income

−227.99M USD−712.09M USD

Net income

−153.17M USD−582.11M USD
Income trends across reported periods555.31M USD270.47M USD−14.36M USD−299.2M USDRevenue, FY2021: 17.63M USDRevenue, FY2022: 65.7M USDRevenue, FY2023: 64.98M USDRevenue, FY2024: 71.54M USDRevenue, FY2025: 185.16M USDOperating income, FY2021: −15.89M USDOperating income, FY2022: −84.42M USDOperating income, FY2023: 6.24M USDOperating income, FY2024: 484.1M USDOperating income, FY2025: −227.99M USDNet income, FY2021: −31.33M USDNet income, FY2022: −104.21M USDNet income, FY2023: 39.61M USDNet income, FY2024: 428.94M USDNet income, FY2025: −153.17M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 17.63M USD. Revenue FY2022 65.7M USD. Revenue FY2023 64.98M USD. Revenue FY2024 71.54M USD. Revenue FY2025 185.16M USD. Operating income FY2021 −15.89M USD. Operating income FY2022 −84.42M USD. Operating income FY2023 6.24M USD. Operating income FY2024 484.1M USD. Operating income FY2025 −227.99M USD. Net income FY2021 −31.33M USD. Net income FY2022 −104.21M USD. Net income FY2023 39.61M USD. Net income FY2024 428.94M USD. Net income FY2025 −153.17M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue185.16M USD71.54M USD64.98M USD65.7M USD17.63M USD
Cost of goods sold92M USD39.51M USD43.61M USD42.39M USD12.61M USD
Gross profit93.16M USD32.03M USD21.37M USD23.31M USD5.02M USD
Research and development————5.89M USD
Selling, general, and administrative33.39M USD34.49M USD34.2M USD18.36M USD15.01M USD
Operating expenses321.15M USD−452.07M USD15.14M USD107.73M USD20.9M USD
Interest expense—3.49M USD8.81M USD20.18M USD1.53M USD
Depreciation and amortization58.24M USD22.74M USD14.41M USD16.84M USD5.17M USD
Operating income−227.99M USD484.1M USD6.24M USD−84.42M USD−15.89M USD
Net income−153.17M USD428.94M USD39.61M USD−104.21M USD−31.33M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
-136.04%
11 comparable reports
Latest EPS result
-0.8
Estimate -0.07 · Miss by 1085.19%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates9.061.52-6.02-13.56Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual 7.5, estimate -12, surprise +162.50%, Beat. Q2 2025, reported May 15, 2025: actual -1.65, estimate -12, surprise +86.25%, Beat. Q3 2025, reported Aug 14, 2025: actual -5.25, estimate -12, surprise +56.25%, Beat. Q4 2025, reported Nov 14, 2025: actual 0.059, estimate 0.225, surprise -74.00%, Miss. Q1 2026, reported Feb 26, 2026: actual -0.923, estimate 0.225, surprise -510.00%, Miss. Q2 2026, reported May 6, 2026: actual -1.2, estimate 0.075, surprise -1700.00%, Miss. Q3 2026, reported Aug 3, 2026: actual -0.8, estimate -0.068, surprise -1085.19%, Miss. Q4 2026, reported Nov 13, 2026: actual —, estimate -0.02, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates85.9M57.66M29.41M1.17MQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual 3.85M USD, estimate 3.9M USD, surprise -1.41%, Miss. Q2 2025, reported May 15, 2025: actual 12.34M USD, estimate 3.9M USD, surprise +216.36%, Beat. Q3 2025, reported Aug 14, 2025: actual 1.38M USD, estimate 3.9M USD, surprise -64.69%, Miss. Q4 2025, reported Nov 14, 2025: actual 64.22M USD, estimate 79.64M USD, surprise -19.36%, Miss. Q1 2026, reported Feb 26, 2026: actual 78.32M USD, estimate 79.64M USD, surprise -1.66%, Miss. Q2 2026, reported May 6, 2026: actual 62.12M USD, estimate 74.85M USD, surprise -17.01%, Miss. Q3 2026, reported Aug 3, 2026: actual 67.02M USD, estimate 64.75M USD, surprise +3.50%, Beat. Q4 2026, reported Nov 13, 2026: actual —, estimate 75.15M USD, surprise —, Comparison unavailable.

ABTC peers

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CME

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$277.96

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Robinhood Markets, Inc. logo

HOOD

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$106.81

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Strive Inc. Perp. Pfd. Series A logo

SATA

Strive Inc. Perp. Pfd. Series A

$100

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Nasdaq, Inc. logo

NDAQ

Nasdaq, Inc.

$98.09

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PayPal Holdings, Inc. logo

PYPL

PayPal Holdings, Inc.

$61.79

+0.39%

ETFs holding ABTC

Funds reporting this stock among their holdings, ordered by reported position size.

Schwab Crypto Thematic ETF logoSchwab Crypto Thematic ETFSTCE
Market value
4.22M
Weight
1.83%
AUM
230.74M USD
Expense ratio
0.30%
Price / 1D
$65.8101-0.17%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
1.16M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.13-0.98%
Global X - Blockchain ETF logoGlobal X - Blockchain ETFBKCH
Market value
517.04K
Weight
0.19%
AUM
271.05M USD
Expense ratio
0.50%
Price / 1D
$69.87-0.67%
Bitwise Bitcoin Standard Corporations ETF logoBitwise Bitcoin Standard Corporations ETFOWNB
Market value
413.81K
Weight
2.49%
AUM
16.6M USD
Expense ratio
0.85%
Price / 1D
$20.325+1.14%
Invesco Alerian Galaxy Crypto Economy ETF logoInvesco Alerian Galaxy Crypto Economy ETFSATO
Market value
220.91K
Weight
2.73%
AUM
8.08M USD
Expense ratio
0.66%
Price / 1D
$18.10+1.16%
iShares Blockchain and Tech ETF logoiShares Blockchain and Tech ETFIBLC
Market value
77.71K
Weight
0.09%
AUM
85.22M USD
Expense ratio
0.47%
Price / 1D
$45.805-0.55%
CoinShares Bitcoin Mining ETF logoCoinShares Bitcoin Mining ETFWGMI
Market value
59.26K
Weight
0.03%
AUM
240.4M USD
Expense ratio
0.75%
Price / 1D
$45.15-1.27%
Global X - FinTech ETF logoGlobal X - FinTech ETFFINX
Market value
31.09K
Weight
0.02%
AUM
178.05M USD
Expense ratio
0.68%
Price / 1D
$27.585+0.16%

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