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American Bitcoin Posts $81.8 M Loss, Records Mining High

5/7/2026

47 6 Full Breakdown

Summary

Story summary

American Bitcoin Corp. posted a Q1 2026 net loss of $81.8 million, up from $59.5 million the prior quarter.
Mining revenue fell to $62.1 million while expenses rose to $150.7 million, including a $117.2 million digital-asset write-down.
The firm mined a record 817 BTC, bought 803 BTC, held 7,021 BTC, added 11,298 Bitmain miners for a total of 89,242 rigs (28.1 EH/s), with shares closing at $1.25, up 1.63%.

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Story summary

American Bitcoin Corp. posted a Q1 2026 net loss of $81.8 million, up from $59.5 million the prior quarter.
Mining revenue fell to $62.1 million while expenses rose to $150.7 million, including a $117.2 million digital-asset write-down.
The firm mined a record 817 BTC, bought 803 BTC, held 7,021 BTC, added 11,298 Bitmain miners for a total of 89,242 rigs (28.1 EH/s), with shares closing at $1.25, up 1.63%.