American Bitcoin Posts $82M Q1 Loss as ABTC Shares Drop 9%

American Bitcoin posted a nearly $82 million net loss in Q1 2026, and ABTC shares fell more than 9% on Thursday. The company added more than 1,600 BTC during the quarter and said its holdings now exceed 7,300 BTC, worth about $583 million. Quarterly mining revenue fell 20%, while mining cost dropped to about $36,200 per BTC from $46,900 in Q4 2025.

BTC0.84%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin