American Bitcoin (ABTC)
Mines Bitcoin with ASIC fleets while building a strategic Bitcoin reserve.
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Uses ASIC mining to earn Bitcoin while accumulating a strategic reserve. Hut 8 retains majority ownership and supplies hosting and operating services, making the business closely tied to its facilities and support network.
ASIC miners power a Bitcoin-mining business designed to build a strategic reserve. The company emerged from Hut 8’s contribution of its ASIC fleet and became publicly traded through Gryphon Digital Mining’s stock-for-stock merger.
Mining machines are hosted at Hut 8-managed sites in New York, Texas, and Alberta. Hut 8 also provides management, strategy, compliance, and operating services, while American Bitcoin owns the miners.
Hut 8 retains majority ownership, and the organization reported a small direct workforce supported by a Shared Services Agreement. Its operating model depends on Hut 8 continuing to allocate hosting capacity and provide contracted services.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $18.4M · Total debt $76.2M · Total assets $1.31B · Shareholders' equity $672.1M
- Revenue
- $67.0M
- Operating income
- −$74.1M
- Net income
- −$57.2M
No dividends on record.
| Institutions | 6.04% | 4.40M shares | |
|---|---|---|---|
| 132 holders · as of Jun 30, 2026 | |||
| Insiders | 3.06% | 2.23M shares | |
| 4 holders · as of Aug 7, 2026 | |||
| Strategic holders | 0.00% | 0 shares | |
| 1 holder · as of Sep 5, 2025 | |||
| Other | 90.90% | 66.19M shares | |
| remainder | |||
72.82M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Michael HoInsiderdirector, officer: CHIEF EXECUTIVE OFFICER | 2.12% | 1.55M B | filed Jan 2, 2026 |
Charles Schwab Investment Management IncInstitution | 0.81% | 8.80M A | as of Jun 30, 2026 |
Sixth Street Partners Management Company, L.P.Institution | 0.81% | 8.80M A | as of Jun 30, 2026 |
Justin MateenInsiderdirector | 0.74% | 540,629 A | filed Aug 7, 2026 |
BlackRock, Inc.Institution | 0.57% | 6.18M A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Justin Mateen | director | +162,438 | $6.19 |
| Aug 5, 2026 | Justin Mateen | director | +144,543 | $6.40 |
| Jun 15, 2026 | Richard Busch | director | +450,000 | $0.8700 |
| Mar 5, 2026 | Richard Busch | director | +68,000 | $1.15 |
| Mar 3, 2026 | Richard Busch | director | +240,000 | $0.9600 |
- MARA
Large-scale Bitcoin mining and a substantial Bitcoin holdings base
- Riot Platforms
Facility-based Bitcoin mining with power and hashrate scale
- CleanSpark
Bitcoin mining and retained-Bitcoin holdings strategy
- IREN
Bitcoin mining alongside AI Cloud Services
- TeraWulf
Bitcoin-mining and HPC-optimized data-center operator
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| American Bitcoin | $10.35 | +0.45% | $751.0M | — | — | 2.8 | +4,766.7% |
| MARA | $13.80 | +3.92% | $5.06B | — | — | 6.3 | −26.7% |
| Riot Platforms | $24.79 | +2.50% | $9.14B | — | — | 13.6 | +13.9% |
| CleanSpark | $15.16 | +2.71% | $3.79B | — | — | 5.6 | −30.5% |
| IREN | $48.63 | +2.97% | $16.85B | — | — | 23.8 | −26.8% |
| TeraWulf | $17.47 | +0.09% | $8.65B | — | — | 52.3 | −6.0% |
| Median | — | — | 13.6 | −26.7% |