---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-209054"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:49:43.173600+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-209054
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000119312526209054/0001193125-26-209054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000119312526209054/abtc-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-209054
- JSON: https://secwatch.observer/filing/0001193125-26-209054.json
- Plain text: https://secwatch.observer/filing/0001193125-26-209054.txt

## Key facts
- Earnings Releases
  American Bitcoin Corp. reported financial results for the first quarter of 2026.
  - Period: the first quarter of 2026
  - Result: reported results
  source text: On May 6, 2026, American Bitcoin Corp. issued a press release announcing its financial results for the three months ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755953/000119312526209054/0001193125-26-209054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.