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.

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