Finance Services · SIC 6199

American Bitcoin Corp.

ABTC

Watch

Latest revenue

$62.1M

as of 2026-03-31

Latest net income

$-81.8M

as of 2026-03-31

Net margin

-131.7%

as of 2026-03-31

Price · 5Y

-93.1% / yr 106.9 pts / yr vs S&P 500 85.0% total
Compare:

Live market

delayed ≤15 min
$1.11
1.77%
Market cap
$91.9M
Enterprise value
$91.9M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$14.52
52-wk low
$0.77
Beta
Shares out
82.8M

5-year trend

What this company does

AI

Our Business Overview Our business objective is Bitcoin accumulation, and we aim to pursue that goal through a multi-pronged strategy that combines efficient Bitcoin mining, disciplined Bitcoin reserve expansion, and focused ecosystem engagement. Our Strategy Our strategy consists of three distinct layers: Layer 1 Build the Engine Layer 2 Scale the Reserve Layer 3 Lead the Ecosystem Build efficient operations to produce Bitcoin below market cost. Leverage capital availability to scale Bitcoin reserve. Harness operational scale and treasury accumulation for ecosystem leadership. Together, these layers reinforce our vision of a capital-efficient platform for long-term Bitcoin accumulation,…

AI summary unavailable — showing raw filing excerpt

Generated from ABTC's filing dated 2026-03-27

Key risks

AI

Item 1A. Risk Factors Risks Related to Bitcoin We presently, and we expect to continue to be, highly concentrated in Bitcoin. Bitcoin is a highly volatile asset and fluctuations in the price of Bitcoin have in the past influenced, and are likely to continue to influence, our business, financial condition, and results of operations and the value of our securities. Our investments are highly concentrated in a single asset, Bitcoin. We generate revenue from Bitcoin rewards that we earn through mining in facilities operated and managed by Hut 8. We also acquire additional Bitcoin through at-market purchases and strategic transactions to build our strategic reserve of Bitcoin. However, Bitcoin…

AI summary unavailable — showing raw filing excerpt

Generated from ABTC's filing dated 2026-03-27

Profitability

Gross margin

5.3%

91.2%

Operating margin

-123.1%

118.2%

Net margin

-82.7%

113.8%

Return on equity

-23.0%

99.6%

Return on assets

-12.3%

100.2%

Leverage

Debt / equity

0.87×

141.8%

Long-term debt / equity

-0.77×

163.4%

Debt / assets

46.6%

75.7%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$62.1M+3887.0%$-81.8M-1202.4%-131.7%

Q4 2025

2025-12-31

$118.0M+115.2%$-145.1M-132.6%-123.0%

Q3 2025

2025-09-30

$64.2M+1640.9%$3.5M+703.3%5.4%

Q2 2025

2025-06-30

$1.4M-75.0%$-5.3M-31.1%-381.8%

Q1 2025

2025-03-31

$1.6M-79.2%$-6.3M+46.5%-403.1%

Q4 2024

2024-12-31

$54.8M$445.3M811.9%

Q3 2024

2024-09-30

$3.7M+77.1%$-576.0K+77.8%-15.6%

Q2 2024

2024-06-30

$5.5M+141.1%$-4.0M-52.8%-72.7%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Finance Services · SIC 6199

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Insider activity

Insider buying

$67.7M

Insider selling

$20.2M

Net activity

+$47.5M

Distinct insiders

5

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-03-05

Richard Busch

Director

Purchase68,000$1.15$78.2K
2026-03-04

Richard Busch

Director

Purchase90,000$1.15$103.5K
2026-03-03

Justin Mateen

Director

Purchase1,800,000$1.03$1.9M
2026-03-03

Richard Busch

Director

Purchase240,000$0.96$230.4K
2025-12-30

Asher Genoot

EXECUTIVE CHAIRMAN

Purchasederiv.23,199,205$1.40$32.5M
2025-12-30

Michael Ho

CHIEF EXECUTIVE OFFICER

Purchasederiv.23,199,205$1.40$32.5M
2025-12-22

Richard Busch

Director

Purchase101,000$1.98$200.0K
2025-12-16

Richard Busch

Director

Purchase175,000$1.66$290.5K
2025-09-03

Anchorage Lending CA, LLC / Anchor Labs, Inc.

Director

Sale1,250,170$7.36$9.2M
2025-09-03

Anchorage Lending CA, LLC / Anchor Labs, Inc.

Director

Sale1,103,035$8.45$9.3M
2025-09-03

Anchorage Lending CA, LLC / Anchor Labs, Inc.

Director

Sale181,285$9.20$1.7M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns ABTC

Institutional value

$14.1M

Total shares held

15.0M

Distinct holders

91

-38 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.3.6M$3.4M+265.8K (+7.9%)Added
2JANE STREET GROUP, LLC1.9M$1.7M+202.0K (+12.1%)Added
3VANGUARD CAPITAL MANAGEMENT LLC1.5M$1.4MNew
4UBS Group AG1.2M$1.1M+718.7K (+157.9%)Added
5PNC Financial Services Group, Inc.875.0K$808.5K+873.4K (+54246.1%)Added
6VANGUARD FIDUCIARY TRUST CO702.9K$649.5KNew
7PCG Wealth Advisors, LLC686.0K$634.2K+355.0K (+107.2%)Added
8Daytona Street Capital LLC8.8K$620.8K+0 (+0.0%)No change
9GROUP ONE TRADING LLC470.2K$434.7K-79.0K (-14.4%)Trimmed
10Yorkville Advisors Global, LP399.6K$369.4KNew
11Bank of New York Mellon Corp376.3K$347.8K+345.3K (+1114.2%)Added
12Vines Capital Management, LLC310.6K$287.2K+100.0K (+47.5%)Added
13Vontobel Holding Ltd.309.5K$286.1K+296.9K (+2366.9%)Added
14KG&L Capital Management,LLC236.3K$218.4K+10 (+0.0%)Added
15Spartan Wealth Advisory Services LLC173.6K$160.5KNew
16IMC-Chicago, LLC160.8K$148.6KNew
17Principle Wealth Partners LLC160.0K$147.9K+110.0K (+220.0%)Added
18Invesco Ltd.149.8K$138.5K+7.3K (+5.1%)Added
19LPL Financial LLC142.8K$132.0K+83.2K (+139.7%)Added
20SCS Capital Management LLC112.5K$104.0K+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once ABTC's latest filing finishes processing.