American Bitcoin swings to Q3 2026 net income of USD 125.99 million; Q3 revenue falls 5% from Q2 to USD 63.36 million

Bitget2026/11/04 22:28

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American Bitcoin swung to Q3 2026 net income of $125.99 million from a Q2 net loss of $57.15 million.
Revenue fell 5% from Q2 to $63.36 million.
Cost to mine climbed 15% from Q2 to approximately $42,100 per Bitcoin, primarily due to higher seasonal power costs.
Bitcoin holdings rose approximately 5% to 8,427 at quarter-end, without Bitcoin purchases during the quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Bitcoin Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: FL88486) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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American Bitcoin swings to Q3 2026 net income of USD 125.99 million; Q3 revenue falls 5% from Q2 to USD 63.36 million

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