AMERICAN BITCOIN CORP (ABTC)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
$5.31-14.90%
Close 2026-11-05 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
QuarterlyIQ Insights · ABTC
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
• Grew Bitcoin holdings from ~8,002 2 as of June 30, 2026 to ~8,427 2 as of September 30, 2026, an increase of ~425 Bitcoin, or ~5%, in a single quarter.
Stated in 3 of 3 supplied quarters. Management reported: “• Grew Bitcoin holdings from ~8,002 2 as of June 30, 2026 to ~8,427 2 as of September 30, 2026, an increase of ~425 Bitcoin, or ~5%, in a single quarter.” “• Mined ~891 Bitcoin in Q3 2026 , compared with ~932 Bitcoin mined in Q2 2026.”
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 59% for the rest of the cohort, n=7714).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“• Grew Bitcoin holdings from ~8,002 2 as of June 30, 2026 to ~8,427 2 as of September 30, 2026, an increase of ~425 Bitcoin, or ~5%, in a single quarter.”
“Strategic Reserve Growth • Grew Bitcoin holdings from ~7,021 as of March 31, 2026 to ~8,002¹ as of June 30, 2026, an increase of ~981 Bitcoin, or ~14%, in a single quarter.”
“Strategic Reserve Growth • Grew Bitcoin holdings from ~5,401 at December 31, 2025 to ~7,021¹ at March 31, 2026, an increase of ~1,600 Bitcoin, or ~30%, in a single quarter.”
• Cost to mine was ~$42,100 per Bitcoin in Q3 2026, compared with ~$36,500 per Bitcoin in Q2 2026, primarily reflecting higher seasonal power costs across our sites.
Stated in 3 of 3 supplied quarters. Management reported: “• Cost to mine was ~$42,100 per Bitcoin in Q3 2026, compared with ~$36,500 per Bitcoin in Q2 2026, primarily reflecting higher seasonal power costs across our sites.” “• Gross profit was ~$25.8 million, representing a gross margin of ~41%, compared with ~$33.0 million and ~49% in Q2 2026.”
“• Cost to mine was ~$42,100 per Bitcoin in Q3 2026, compared with ~$36,500 per Bitcoin in Q2 2026, primarily reflecting higher seasonal power costs across our sites.”
“• Cost to mine was ~$36,500 per Bitcoin in Q2 2026 and held roughly flat compared to ~$36,200 per Bitcoin in Q1 2026, driven by marginally higher energy costs at selective sites.”
“• Cost to mine was ~$36,200 per Bitcoin in Q1 2026, a ~23% improvement from ~$46,900 per Bitcoin in Q4 2025, driven by higher production volume spread across a stable fixed cost base and continued en…”
Despite seasonal power cost pressures, we continued mining Bitcoin at a structural discount to spot, grew our strategic reserve, and increased Satoshis Per Share by approximately 5%, all without issu…
Stated in 3 of 3 supplied quarters. Management reported: “• Net income of ~$126 million in Q3 2026, compared with a net loss of ~$57.2 million in Q2 2026, and Adjusted EBITDA of ~$221 million in Q3 2026, compared with an Adjusted EBITDA loss of ~$45.0 million in Q2 2026.” “Despite seasonal power cost pressures, we continued mining Bitcoin at a structural discount to spot, grew our strategic reserve, and increased Satoshis Per Share by approximately 5%, all without issuing shares through our ATM program or purchasing Bitcoin during the quarter.”
“Despite seasonal power cost pressures, we continued mining Bitcoin at a structural discount to spot, grew our strategic reserve, and increased Satoshis Per Share by approximately 5%, all without issu…”
“Looking ahead, we are focused on deepening that infrastructure advantage, strengthening our balance sheet position, and compounding Bitcoin per share so that the work we do today translates into dura…”
“Looking ahead, we will keep deploying incremental capacity when expected returns justify it and focus on compounding our Bitcoin reserve while preserving balance sheet flexibility.””
The reverse stock split is primarily intended to increase the per share price of each class of the Company’s common stock, particularly its Class A common stock, which is currently trading on Nasdaq,…
Stated in a supplied disclosure. Management reported: “The reverse stock split is primarily intended to increase the per share price of each class of the Company’s common stock, particularly its Class A common stock, which is currently trading on Nasdaq, to maintain compliance with the minimum bid price requirement for maintaining its Nasdaq listing.”
Focus on increasing Bitcoin holdings and mining production through scaled infrastructure and strategic treasury purchases.
Over the trailing year it converted 0.95x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
22 material management or governance events in the past 24 months, led by M&A activity. Historically, Financials names rated neutral grew net income 60% of the time over the next year (vs 58% for the rest of the cohort, n=10134).
Not investment advice. As of 2026-11-04.