American Bitcoin — Third Quarter 2026 Earnings Summary

American Bitcoin Corp. reported a net income of approximately $126 million and Adjusted EBITDA of $221 million for the third quarter of 2026, marking a significant turnaround from the net loss recorded in the second quarter. The company expanded its strategic Bitcoin reserve by approximately 425 coins, increasing total holdings to roughly 8,427 Bitcoin and raising Satoshis per share by about 5% to 11,572. Mining operations generated $63.4 million in revenue with a gross margin of 41%, despite higher seasonal power costs that increased the cost to mine to $42,100 per Bitcoin. The firm achieved these results without issuing shares through its ATM program or purchasing Bitcoin during the quarter, focusing instead on disciplined accumulation and operational efficiency.