Overview
- American Bitcoin now holds more than 6,000 BTC, up from 5,401 at year-end, with roughly one-third mined and two-thirds acquired through purchases and transactions.
- The company raised $150.5 million via an at-the-market stock offering in Q4, increasing per-share bitcoin exposure by nearly 50%.
- Quarterly revenue reached $78.3 million, rising from a year earlier but coming in just below the $79.6 million analyst estimate.
- Mining operations delivered about a 53% gross margin during the quarter, supported by infrastructure from majority owner Hut 8.
- The Trump family-backed company’s shares trade near $1 after falling nearly 90% from last year’s peak, reflecting funding strains across crypto-treasury miners.