Gryphon Digital Q3 revenue $3.7M, net loss $5.9M; breakeven cost per Bitcoin $59,213

American Bitcoin Corp.

2024-Q3 EPS reported -$0.58 vs consensus -$0.82 ▲ beat (+28.9%)

Mining revenue $3.7M (Q3 2024) vs $5.2M (Q3 2023); 61 Bitcoin mined vs 176.
Net loss $5.9M includes $3.2M non-cash; adjusted EBITDA loss $2.5M.
Breakeven cost per Bitcoin surged to $59,213 from $22,625 YoY.
Cash $0.4M, Bitcoin $0.6M; total liabilities $26.4M at Sept 30.
Post-quarter debt restructuring: ~$19M bitcoin note converted to equity; $5M new note at 4.25%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.