American Bitcoin Reports Third Quarter 2026 Results
PR Newswire•04/11/2026•16:30 ET
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Key Highlights
- ➤Net income $126 million, versus a $57.2 million Q2 net loss
- ➤Adjusted EBITDA $221 million, versus a $45.0 million Q2 loss
- ➤Bitcoin holdings rose approximately 5% to ~8,427 during Q3
- ➤Satoshis Per Share increased approximately 5% to ~11,572
- ➤Q3 mining revenue fell to ~$63.4 million as cost pressures cut margins
Expert Statements
Mike Ho, Chief Executive Officer of American Bitcoin
“Our third-quarter results demonstrate our commitment to building a disciplined, Bitcoin-denominated operating business. Despite seasonal power cost pressures, we continued mining Bitcoin at a structural discount to spot, grew our strategic reserve, and increased Satoshis Per Share by approximately 5%, all without issuing shares through our ATM program or purchasing Bitcoin during the quarter. That is an important distinction in today's market. Our focus remains on efficiently accumulating Bitcoin, maintaining flexibility in our operations, and allocating capital in ways that support long-term Bitcoin-per-share growth. We believe that discipline positions American Bitcoin to create lasting value for shareholders across market cycles.”
Eric Trump, Co-Founder and Chief Strategy Officer of American Bitcoin
“We're building American Bitcoin with the conviction that Bitcoin and American energy will play an increasingly important role in the future of our economy. This quarter, we delivered approximately $126 million in net income and $221 million in Adjusted EBITDA, while growing our Bitcoin reserve and increasing Bitcoin per share. These are significant results, particularly in a challenging digital asset market, and they reflect the discipline and long-term conviction behind this business. But our opportunity extends beyond any single quarter. As demand for energy and critical infrastructure accelerates across America, I believe we're particularly well-positioned at the intersection of two industries that will help define the future of our economy. We're building American Bitcoin for the long term, and I'm excited about what lies ahead.”
American Bitcoin Reports Third Quarter 2026 Results PR Newswire
Grows Bitcoin Reserve Through Mining Operations, Increases Satoshis Per Share by Approximately 5%
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