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American Bitcoin's Bitcoin reserves topped 8,000 in the second quarter, notching its highest quarterly production on record.

2026.08.03 18:47:20

American Bitcoin (NASDAQ: ABTC) released its Q2 2026 financial report, showing that as of June 30, the company’s Bitcoin reserves rose to approximately 8,002 BTC, an increase of about 981 BTC from the end of Q1, representing a 14% quarterly growth. Satoshis per share grew by roughly 11%. During the reporting period, the company mined approximately 932 BTC, hitting a record high quarterly production. Mining revenue totaled around $67.02 million, an 8% quarter-over-quarter increase, with gross margin remaining at roughly 50%. The per-BTC mining cost stood at $36,500, nearly unchanged from the prior quarter. Mike Ho, CEO of American Bitcoin, stated that the company will continue expanding mining infrastructure and strengthening its balance sheet to steadily grow its Bitcoin reserves. Eric Trump, co-founder and Chief Strategy Officer, noted that the firm now holds over 8,000 BTC and operates one of the world’s largest Bitcoin mining platforms, expressing unwavering confidence in Bitcoin’s long-term prospects.

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