Overview
- Revenue rose to $64.2 million and net income reached about $3.5 million for Q3 2025, reversing a prior-year loss, with reports citing a 56% gross margin and $27.7 million in adjusted EBITDA.
- Mining capacity expanded roughly 2.5x in the quarter to about 25 EH/s, with an average fleet efficiency of 16.3 joules per terahash.
- The company reported 4,004 BTC as of Nov. 5 and cited 432 satoshis per share, after ending September at 3,418 BTC, including holdings pledged as collateral per prior disclosures.
- American Bitcoin became a standalone Nasdaq-listed miner through a merger with Gryphon Digital Mining and a spinout from Hut 8, which retains roughly an 80% stake.
- Pre-market declines were reported for ABTC as bitcoin fell, highlighting the stock’s sensitivity to moves in the underlying cryptocurrency.