{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-028856","form_type":"8-K","ticker":"ABTC","cik":"0001755953","company_name":"American Bitcoin Corp.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.907931+00:00","generated_at":"2026-06-04T04:47:21.822622+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gryphon Digital Mining reports FY2023 net loss $28.6M; mining revenue $21.1M","bullets":["Net loss $28.6M (diluted EPS -$1.15) vs net income $3.5M in 2022; includes $36.5M non-cash charges.","Mining revenue $21.1M (flat YoY); Breakeven cost per BTC $18,217 vs $14,964 prior year.","Adjusted EBITDA $4.8M vs $7.4M prior year; total bitcoin mined 739.","As of Feb 29, 2024: cash $1.4M, 60.4 BTC holdings, 330.3 BTC denominated debt.","Litigation: seeking $30M damages from Sphere 3D for breach of exclusivity; filed motion for attachment of $10M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-028856","json":"https://secwatch.observer/filing/0001213900-24-028856.json","markdown":"https://secwatch.observer/filing/0001213900-24-028856.md","text":"https://secwatch.observer/filing/0001213900-24-028856.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1755953/000121390024028856/0001213900-24-028856-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1755953/000121390024028856/ea0202874-8k_gryphon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:47:21.822622+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9e3d01e5d94d4d19dc8101d4add49cb1e8d23470","claim":"American Bitcoin Corp. reported fiscal year ended December 31, 2023 results: revenue $21.1 million, net income ($28.6) million.","evidence_excerpt":"achieve a position as an industry leader, and deliver long-term value to our shareholders.” Financial Highlights of Fiscal Year 2023 ● Total mining revenue for 2023 of $21.1 million, compared to the prior year $21.4 million in 2022. ● Breakeven Cost 1 per Bitcoin in 2023 was $18,217, compared to $14,964 in 2022. The company is focused on Breakeven Costs,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1755953/000121390024028856/0001213900-24-028856-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$21.1 million"},{"label":"Net income","value":"($28.6) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}