American Bitcoin Increases Holdings to 7,300
Grew Bitcoin holdings from ~5,401 at December 31, 2025 to ~7,021 at March 31, 2026, up ~30% in a single quarter. Eric Trump, Chief Strategy Officer, said: "Just over a year ago, American Bitcoin did not exist. Today we hold over 7,300 Bitcoin and stand among the largest publicly traded Bitcoin companies in the world, supported by a fleet of nearly 90,000 miners. In Q1, we mined 817 Bitcoin at a 47% discount to spot, added more than 1,600 Bitcoin to our strategic reserve, and did so with strong margins that translated into meaningful operating income from our mining platform. This is exactly what we are built to do: accumulate Bitcoin efficiently and at scale. In just over eight months as a public company, we have become the 16th largest Bitcoin holder globally and scaled to more than 28 exahash of capacity. The compounding is accelerating." CEO Mike Ho said: "Q1 2026 was a quarter of continued momentum in a resilient business under adverse market conditions. Bitcoin declined approximately 22% quarter-over-quarter, which drove significant non-cash headwinds through our GAAP financials. Strip out the non-cash mark-to-market adjustment on our Bitcoin required by FASB, and the underlying business was profitable - and we did not sell a single coin. We continue to prioritize fleet efficiency, cost discipline, and capital allocation accretive to Bitcoin per share."
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American Bitcoin Reports Narrower Q1 Loss Amid Stronger Mining Revenue
- Loss Improvement: American Bitcoin reported a narrower loss in Q1, driven by increased revenue from Bitcoin mining, indicating a gradual recovery in profitability amid challenging market conditions.
- Mining Efficiency Gains: The company offset the headwinds from declining Bitcoin prices by enhancing efficiencies at its mining sites, demonstrating effective cost control measures during the bear market.
- Market Dependency: As a company heavily reliant on Bitcoin prices, American Bitcoin's performance is closely tied to the overall dynamics of the crypto market, necessitating ongoing attention to market trends.
- Trump Family Backing: Backed by two sons of U.S. President Trump, the company may benefit from additional trust and resources in its operations, potentially enhancing its market position.
American Bitcoin Corp Reports Strong Q1 Results with 30% Strategic Reserve Growth
- Strategic Reserve Growth: American Bitcoin Corp increased its strategic reserve to over 7,300 Bitcoin in Q1, representing a ~30% growth quarter-over-quarter, positioning the company as the 16th largest Bitcoin holder globally and showcasing its strong accumulation capabilities amid market volatility.
- Mining Platform Performance: Despite a ~22% decline in Bitcoin prices, the company achieved a 52% gross margin, indicating a significant reduction in mining costs to approximately $36,200 per Bitcoin, reflecting successful cost control and efficiency improvements.
- Sustained Growth Momentum: The company mined 817 Bitcoin in Q1 without selling any, demonstrating profitability even under adverse market conditions, which further solidifies its leadership in building Bitcoin infrastructure.
- Future Strategic Planning: The company plans to continue deploying incremental capacity when justified by expected returns, focusing on compounding its strategic reserve while maintaining balance sheet flexibility to adapt to future market changes.
US Pre-market: Crypto Stocks Soar, CRCL Jumps Over 5%
Market Overview: Pre-market trading of U.S. stocks related to the cryptocurrency market has seen a general increase.
Key Performers: Circle (CRCL) surged by 5.32%, following a previous increase of 19.89%.
Other Notable Increases: American Bitcoin (ABTC) rose by 4.91%, MicroStrategy (MSTR) by 2.45%, and Coinbase (COIN) by 2.02%.
Additional Gains: Bullish (BLSH) increased by 1.89%, Bitmine (BMNR) by 1.75%, and Robinhood (HOOD) by 1.70%.
U.S. Stock Futures Climb Ahead of Market Open, Crypto Stocks Experience Widespread Increases, ABTC Surges More Than 2%
Market Overview: Pre-market trading data indicates a general increase in U.S. stocks related to the cryptocurrency market.
Top Performers: Notable gains include American Bitcoin (ABTC) up 2.38%, Robinhood (HOOD) up 1.52%, and MicroStrategy (MSTR) up 1.05%.
Additional Gains: Other companies showing positive movement include Gemini (GEMI) up 0.92%, Circle (CRCL) up 0.78%, and Bitmain (BMNR) up 0.75%.
Coinbase Performance: Coinbase (COIN) also experienced a slight increase, rising by 0.74%.
American Bitcoin Energizes 11,298 Miners at Drumheller Site
- Miner Deployment Progress: American Bitcoin has completed the energization of approximately 11,298 Bitcoin miners at the Drumheller site, contributing an incremental ~3.05 EH/s to the company's operational fleet, thereby enhancing its competitive position in the Bitcoin market.
- Hashrate Improvement: The new miners operate at an average efficiency of 13.5 joules per terahash, bringing the total fleet's hashrate to ~28.1 EH/s with an average efficiency of 16.0 J/TH, demonstrating the company's ongoing commitment to resource optimization and technological advancement.
- Strategic Positioning: Eric Trump stated that scaling hashrate is a key strategy for strengthening the company's position in the Bitcoin market, and the deployment of these miners reflects a commitment to swift action and disciplined capital allocation aimed at efficiently growing Bitcoin exposure at an institutional scale.
- Stock Price Reaction: Following the announcement, American Bitcoin's shares rose by 1.5% in extended trading, indicating a positive market response to the energization of the miners and the enhancement of its hashrate, which may further attract investor interest in the company's growth potential.
American Bitcoin Corp Expands Miner Fleet Significantly
- Miner Deployment: American Bitcoin Corp has successfully energized approximately 11,298 miners at the Drumheller site, bringing its total fleet to around 89,242 miners and increasing its overall hashrate to approximately 28.1 EH/s, thereby reinforcing its position as a disciplined, low-cost Bitcoin accumulator.
- Efficiency Gains: The newly deployed miners operate at an efficiency of 13.5 J/TH, while the average efficiency of the entire fleet stands at 16.0 J/TH, enabling the company to accumulate Bitcoin below spot prices through optimized energy costs and hardware deployment, enhancing shareholder value.
- Strategic Execution: This miner activation reflects the company's ability to respond quickly to market demands, as highlighted by Co-Founder Eric Trump, emphasizing that rapid capital allocation and efficient growth are central to their strategy aimed at increasing Bitcoin exposure.
- Growth Objectives: American Bitcoin Corp remains focused on increasing Bitcoin holdings per share, and with the new miners coming online, the company expects to further drive operational efficiency and market competitiveness, ensuring it maintains a leading position in the evolving Bitcoin market.
American Bitcoin Reports Narrower Q1 Loss Amid Stronger Mining Revenue
- Loss Improvement: American Bitcoin reported a narrower loss in Q1, driven by increased revenue from Bitcoin mining, indicating a gradual recovery in profitability amid challenging market conditions.
- Mining Efficiency Gains: The company offset the headwinds from declining Bitcoin prices by enhancing efficiencies at its mining sites, demonstrating effective cost control measures during the bear market.
- Market Dependency: As a company heavily reliant on Bitcoin prices, American Bitcoin's performance is closely tied to the overall dynamics of the crypto market, necessitating ongoing attention to market trends.
- Trump Family Backing: Backed by two sons of U.S. President Trump, the company may benefit from additional trust and resources in its operations, potentially enhancing its market position.
American Bitcoin Corp Reports Strong Q1 Results with 30% Strategic Reserve Growth
- Strategic Reserve Growth: American Bitcoin Corp increased its strategic reserve to over 7,300 Bitcoin in Q1, representing a ~30% growth quarter-over-quarter, positioning the company as the 16th largest Bitcoin holder globally and showcasing its strong accumulation capabilities amid market volatility.
- Mining Platform Performance: Despite a ~22% decline in Bitcoin prices, the company achieved a 52% gross margin, indicating a significant reduction in mining costs to approximately $36,200 per Bitcoin, reflecting successful cost control and efficiency improvements.
- Sustained Growth Momentum: The company mined 817 Bitcoin in Q1 without selling any, demonstrating profitability even under adverse market conditions, which further solidifies its leadership in building Bitcoin infrastructure.
- Future Strategic Planning: The company plans to continue deploying incremental capacity when justified by expected returns, focusing on compounding its strategic reserve while maintaining balance sheet flexibility to adapt to future market changes.
US Pre-market: Crypto Stocks Soar, CRCL Jumps Over 5%
Market Overview: Pre-market trading of U.S. stocks related to the cryptocurrency market has seen a general increase.
Key Performers: Circle (CRCL) surged by 5.32%, following a previous increase of 19.89%.
Other Notable Increases: American Bitcoin (ABTC) rose by 4.91%, MicroStrategy (MSTR) by 2.45%, and Coinbase (COIN) by 2.02%.
Additional Gains: Bullish (BLSH) increased by 1.89%, Bitmine (BMNR) by 1.75%, and Robinhood (HOOD) by 1.70%.
U.S. Stock Futures Climb Ahead of Market Open, Crypto Stocks Experience Widespread Increases, ABTC Surges More Than 2%
Market Overview: Pre-market trading data indicates a general increase in U.S. stocks related to the cryptocurrency market.
Top Performers: Notable gains include American Bitcoin (ABTC) up 2.38%, Robinhood (HOOD) up 1.52%, and MicroStrategy (MSTR) up 1.05%.
Additional Gains: Other companies showing positive movement include Gemini (GEMI) up 0.92%, Circle (CRCL) up 0.78%, and Bitmain (BMNR) up 0.75%.
Coinbase Performance: Coinbase (COIN) also experienced a slight increase, rising by 0.74%.
American Bitcoin Energizes 11,298 Miners at Drumheller Site
- Miner Deployment Progress: American Bitcoin has completed the energization of approximately 11,298 Bitcoin miners at the Drumheller site, contributing an incremental ~3.05 EH/s to the company's operational fleet, thereby enhancing its competitive position in the Bitcoin market.
- Hashrate Improvement: The new miners operate at an average efficiency of 13.5 joules per terahash, bringing the total fleet's hashrate to ~28.1 EH/s with an average efficiency of 16.0 J/TH, demonstrating the company's ongoing commitment to resource optimization and technological advancement.
- Strategic Positioning: Eric Trump stated that scaling hashrate is a key strategy for strengthening the company's position in the Bitcoin market, and the deployment of these miners reflects a commitment to swift action and disciplined capital allocation aimed at efficiently growing Bitcoin exposure at an institutional scale.
- Stock Price Reaction: Following the announcement, American Bitcoin's shares rose by 1.5% in extended trading, indicating a positive market response to the energization of the miners and the enhancement of its hashrate, which may further attract investor interest in the company's growth potential.
American Bitcoin Corp Expands Miner Fleet Significantly
- Miner Deployment: American Bitcoin Corp has successfully energized approximately 11,298 miners at the Drumheller site, bringing its total fleet to around 89,242 miners and increasing its overall hashrate to approximately 28.1 EH/s, thereby reinforcing its position as a disciplined, low-cost Bitcoin accumulator.
- Efficiency Gains: The newly deployed miners operate at an efficiency of 13.5 J/TH, while the average efficiency of the entire fleet stands at 16.0 J/TH, enabling the company to accumulate Bitcoin below spot prices through optimized energy costs and hardware deployment, enhancing shareholder value.
- Strategic Execution: This miner activation reflects the company's ability to respond quickly to market demands, as highlighted by Co-Founder Eric Trump, emphasizing that rapid capital allocation and efficient growth are central to their strategy aimed at increasing Bitcoin exposure.
- Growth Objectives: American Bitcoin Corp remains focused on increasing Bitcoin holdings per share, and with the new miners coming online, the company expects to further drive operational efficiency and market competitiveness, ensuring it maintains a leading position in the evolving Bitcoin market.
