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American Bitcoin grows Bitcoin reserve 5% and posts $126M net income in Q3 2026 amid higher power costs.

Company Fundamentals
04 Nov 2026, 23:30 WIB
PRNewsWire
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Bullish
American Bitcoin grows Bitcoin reserve 5% and posts $126M net income in Q3 2026 amid higher power costs.

American Bitcoin Corp. reported a 5% increase in its Bitcoin holdings and Satoshis Per Share in Q3 2026, growing its reserve from approximately 8,002 to 8,427 Bitcoin. Despite higher seasonal power costs that pressured margins, the company mined 891 Bitcoin and achieved $126 million in net income and $221 million in Adjusted EBITDA, a significant turnaround from the previous quarter's losses. The company emphasized disciplined Bitcoin accumulation without issuing new shares or buying Bitcoin on the market, positioning itself for long-term growth in the Bitcoin infrastructure sector. Looking ahead, American Bitcoin aims to leverage its mining operations and American energy resources to create lasting shareholder value.

American Bitcoin Corp. Q3 2026 results provide context for market activity. For readers following US stocks, 91 of 150 priced shares rose and 57 fell as of Nov 05, 2026 04:02 WIB. Notable movers include MRNA at USD 258.08 (+12.97%), LYFT at USD 18.72 (+12.30%), and NVAX at USD 10.64 (+9.92%).

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