American Bitcoin increases BTC holdings by 5% in Q3
American Bitcoin (ABTC) reported a third-quarter net income of approximately 126 million dollars and adjusted EBITDA of about 220.8 million dollars. The company's Bitcoin holdings increased by 425 BTC, or 5%, reaching around 8,427 BTC at the end of September, up from about 8,002 BTC at the end of June. ABTC expanded its holdings through mining during the quarter without issuing new shares or purchasing Bitcoin. Third-quarter production was approximately 891 BTC, a decrease from 932 BTC in the previous quarter, while mining costs rose to about 42,100 dollars per BTC from 36,500 dollars. The company sold part of its mined Bitcoin to cover operating costs while increasing its strategic Bitcoin holdings.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Israel Discount Bank to Open Bitcoin and Ethereum Trading in App Starting November 26

Israel Discount Bank to Open Bitcoin and Ethereum Trading in App from November 26

Thousands of Bitcoin nodes gave anonymous strangers a pass around security limits

Bitcoin Core Addresses Three Security Vulnerabilities in October

Peter Brent: The Yield on 30-Year U.S. Bonds May Reach 7%

Glassnode reports stablecoin supply fell by 14.2 billion

10x Research: Bitcoin's One-Year Return After Midterm Elections is 53.9%

Decrypt Becomes First News Publisher to Offer Perps Trading, Powered by Solana's Phoenix

Bitcoin Scam on Shaadi.com, User Solicited for a $500 Deposit

Ignas: HYPE and AVAX Face Value Capture Challenges

CPI Higher Than Expected in the U.S.: What It Means for Investors

Bloomberg analyst warns BTC, Nasdaq, commodities may face year-end declines

Barclays Increases Stake in BlackRock Bitcoin ETF by 48% in Q3, Citigroup Establishes $119 Million FBTC Position

Something strange is happening with Bitcoin. It is neither digital gold nor a tech company for Wall Street

US card debt hits $1.29 trillion as Bitcoin loans expose a collateral divide

CryptoQuant: Bitcoin Analyst Sentiment Significantly Bearish, Index Drops to -1.8σ

CoinShares Survey Shows Fund Managers' Digital Asset Allocation Rises to 1.3%

From Sidechains to zk-Rollups: Tacit Chain Aims to Redefine Payments with Default Privacy

Treasury Discusses Bitcoin Acquisition Pathways, Government Holdings Undergo Second Round of Review

Trump Still Interested in Increasing Bitcoin Holdings Amid Legal Hurdles

LNbits Security Patch Released After Bitcoin Wallet Theft

Deutsche Bank launches crypto custody for Bitcoin, Ethereum, stablecoins
Best Bitcoin (BTC) Lightning Wallets in 2026: First-Payment Costs and Recovery Compared
Key Takeaways Lightning Network wallets enable fast and cost-effective Bitcoin transactions by using off-chain channels. A variety of…

SEC Enforcement Actions Decrease by 23.7% to 348 in Fiscal Year 2026

BlackRock Loses $1.735 Billion in Cryptocurrency Funds

Ethereum’s Joseph Lubin explains why ETH could rival Bitcoin and gold

BitGo Posts $44M Quarterly Profit as Platform Assets Grow, But Adjusted EBITDA Stays Negative

Bitcoin: A Thief Sentenced in China for Memorizing a Seed Phrase

Bitcoin loses status as main risk asset amid stock market lag

Crypto ATM Fees: How Much Bitcoin (BTC) Do You Get for $100?
See how much Bitcoin $100 buys at a crypto ATM. Compare two sample quotes, calculate the all-in cost, and learn which fees not to count twice.












