Overview
- The company said it added 1,414 BTC since September through a mix of open‑market purchases and integrated mining.
- Its reserve totaled 3,865 BTC as of October 24, valued at roughly $445 million at prevailing prices.
- Part of the balance is pledged under a $314 million Bitmain procurement for 16,299 Antminers, slated largely for Hut 8’s 400‑MW Vega site in Texas as the firm targets about 25 EH/s of proprietary hashrate.
- Management introduced a Satoshis Per Share metric and reported 418 SPS, a 52% increase since September 1.
- ABTC shares jumped about 11% Friday and advanced a further 4–5% pre‑market Monday, extending volatile trade since its early‑September Nasdaq debut via a merger with Gryphon Digital Mining.