American Bitcoin Q1: Bitcoin reserve grows 30% to 7,021; mining gross margin 52%

American Bitcoin Corp.

2026-Q1 EPS reported -$0.08 revenue$62,118,000

Mined 817 Bitcoin in Q1, highest quarterly production; cost to mine fell 23% to ~$36,200 per Bitcoin.
Mining revenue $62.1M (down from $78.3M Q4) as average Bitcoin price dropped 22% YoQ.
Added ~11,298 next-gen Bitmain miners; total fleet capacity 28.1 EH/s, up from 25.0 EH/s.
Satoshis per share rose ~20% to ~663; no Bitcoin sold during quarter.
Strategic reserve grew from ~5,401 to ~7,021 Bitcoin in three months.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

American Bitcoin Corp. reported financial results for the first quarter of 2026.

Period: the first quarter of 2026
Result: reported results

Exact text from the filing

On May 6, 2026, American Bitcoin Corp. issued a press release announcing its financial results for the three months ended March 31, 2026.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

American Bitcoin Corp. filing history →

Source: SEC EDGAR

accession 0001193125-26-209054

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