American Bitcoin Q2 FY26 net loss narrows 30% to USD 57.15 million; revenue rises 8% to USD 67.02 million
Reuters2026/08/03 10:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- American Bitcoin posted a GAAP net loss of USD 57.15 million, narrowing from USD 81.79 million in Q1 2026.
- Revenue rose 8% to USD 67.02 million as Bitcoin mined increased to 932 from 817 in the prior quarter.
- GAAP operating loss narrowed to USD 74.08 million from USD 118.2 million, helped by a smaller loss on digital assets of USD 71.18 million.
- Adjusted EBITDA loss improved to USD 45.03 million from USD 91.28 million, while cost to mine held roughly flat at about USD 36,500 per Bitcoin.
- Bitcoin holdings climbed about 14% to about 8,002 as of June 30, including about 3,090 pledged under BITMAIN miner-purchase agreements.
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: 202608030630PR_NEWS_USPR_____FL17143) on August 03, 2026, and is solely responsible for the information contained therein.
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