earnings
confidence high
sentiment positive
materiality 0.90
American Bitcoin Reports Q4 and Full Year 2025 Results: Mined Bitcoin at 53% Discount, Holdings Grow to Over 6,000
American Bitcoin Corp.
2025-FY EPS reported
-$0.17
revenue$185,164,000
- Mined 783 Bitcoin in Q4 2025, contributing to year-end holdings of 5,401 Bitcoin (now over 6,000).
- Q4 2025 revenue rose to $78.3 million, up 22% quarter-over-quarter, with gross margin of 53%.
- Full year 2025 revenue reached $185.2 million; net loss of $153.2 million driven by $227.1 million non-cash mark-to-market loss.
- Operational efficiency improved: G&A expenses decreased from 13% to 9% of revenue quarter-over-quarter.
- Maintained installed capacity of ~25.0 EH/s with average fleet efficiency of 16.3 J/TH via Hut 8 partnership.
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