American Bitcoin posts $57.2M Q2 loss despite 932 BTC mined and $67M revenue
American Bitcoin Corp. (Nasdaq: ABTC) reported a net loss of $57.2 million for Q2 2026, according to coverage of the company’s quarterly results. The loss included a $71.2 million decline on digital assets, while the firm said it mined 932 BTC during the quarter and increased its Bitcoin holdings by 14% to about 8,002 BTC [1] [2].
The company reported Q2 mining revenue of $67 million, with coverage noting that the cost to mine each bitcoin was approximately $36,500. Other reporting also said about 3,090 BTC in the company’s holdings were pledged under miner-purchase agreements with Bitmain, and that American Bitcoin continued investing in mining infrastructure during the period [2] [3].
Crypto Briefing characterized the results as reflecting ongoing losses and reliance on external infrastructure, pointing to potential sustainability concerns based on the company’s financial performance [4].
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Citations
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- 1American Bitcoin posts $57.2M loss as BTC stack growscrypto.news• Aug 3, 2026
- 2American Bitcoin Reports $57.2M Q2 Loss as Holdings Reach 8,002 BTCWu Blockchain• Aug 3, 2026
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- 4American Bitcoin reports $57M Q2 loss as mining revenue hits $67MCrypto Briefing• Aug 3, 2026
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