American Bitcoin FY2025 operating loss widens to $(228) million; revenue more than doubled to $185 million

Reuters03-27
<a href="https://laohu8.com/S/ABTC">American Bitcoin</a> FY2025 operating loss widens to $(228) million; revenue more than doubled to $185 million
  • American Bitcoin published its annual report on Form 10-K, reporting revenue of USD 185.2 million, up more than doubled.
  • Cost of revenue (exclusive of depreciation and amortization) was USD 92.0 million, up more than doubled.
  • Net loss from continuing operations was USD 153.2 million, while adjusted EBITDA was a loss of USD 157.3 million.
  • Bitcoin production rose 51.1% to 1,789 Bitcoin, driven by improved mining efficiencies following a fleet upgrade and deployment of miners at the Vega site.
  • Bitcoin held in reserve totaled about 5,401 Bitcoin, and the company said it expects its owned fleet to rise to about 89,000 miners representing about 28.1 EH/s after delivery and deployment of recently purchased miners.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Bitcoin Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-127278), on March 27, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment