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American Bitcoin Mining Cost Falls 23% to $36,200 in Q1

2026-05-07 16:14:23

Abstract generation in progress

American Bitcoin said in a Wednesday filing that its cost to mine one bitcoin fell 23% to about $36,200 in Q1. The company added 1,620 BTC in the quarter and raised its reserve to about 7,021 BTC. American Bitcoin reported an $81.8 million net loss, with most of the loss tied to mark-to-market changes in its bitcoin holdings as bitcoin fell about 22% over the period.

BTC-1.62%

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