Headquartered in Miami, FL Fiscal year ends December NASDAQ: ABTC abtc.com
American Bitcoin Corp. (Nasdaq: ABTC) is a majority-owned subsidiary of Hut 8 Corp. It describes itself as a Bitcoin accumulation platform that combines large-scale self-mining with disciplined Bitcoin accumulation to give investors exposure to Bitcoin.
- **Revenue model:** Revenue comes from mining Bitcoin. The company sells a portion of production to cover operating costs and keeps the rest in a strategic reserve.
- **Fleet:** As of September 30, 2026, it owned about 89,242 miners with about 28.1 EH/s of capacity.
- **Holdings:** It held about 8,427 Bitcoin, including about 3,090 BTC pledged for miner purchases from BITMAIN.
- **Key metric:** Management tracks Satoshis Per Share (Bitcoin held per outstanding common share), which was about 11,572 at quarter-end following a 1-for-15 reverse stock split effected July 2, 2026.
- **Structure:** The company has a multi-class capital structure, is a controlled company, and depends on Hut 8 for its operations.
- **Launch:** It began operations on March 31, 2025. Updated
Wallets linked to Trump Media (NASDAQ: DJT), labeled as “2028 Convertible Notes Collateral,” transferred 4,259 Bitcoin (CRYPTO: BTC) to Crypto.com, according to Arkham data. While no sale has been confirmed, blockchain data shows the coins’…
American Bitcoin Corp. (Nasdaq: ABTC) is a majority-owned subsidiary of Hut 8 Corp. It describes itself as a Bitcoin accumulation platform that combines large-scale self-mining with disciplined Bitcoin accumulation to give investors exposure to Bitcoin. - **Revenue model:** Revenue comes from mining Bitcoin.
The Wall Street consensus 12-month price target for ABTC is $16.75.
