American Bitcoin Corp

ABTC · NASDAQMinerHigh

USA

BTC held

8,300

as of Aug 3, 2026 · 0.04% of 21M

Value now

$646M

at BTC $77,788

Basic mNAV

0.87×

mkt cap $560M as of Aug 28, 2026

Sats per share

11,398

73M shares as of Aug 21, 2026

Cost basis

Average cost per BTC: —
Total invested: —
Unrealized gain: —

Treasury debt

No convertible notes outstanding; treasury growth is funded by mining and a $2.1B at-the-market equity program. The Feb 2026 Bitmain purchase agreement (~11,298 S21 XP miners, ~$49.4M) was 80% prepaid via a pledge of 314 BTC; total BTC pledged to Bitmain was 3,090 as of June 30, 2026 (per Hut 8 10-Q).$49M

Recent activity

Mined a record 932 BTC in Q2 2026 and, under its stated no-sale policy, grew the treasury from 5,401 BTC at end-2025 to 8,002 BTC at June 30, 2026 and 8,300 BTC announced Aug 3, 2026 (+300 BTC), combining sub-spot mining (~$36,500/BTC production cost, ~52% gross margin) with ATM-funded purchases.

Risk notes

Executed a 1-for-15 reverse split effective July 6, 2026 (from ~1.09B to ~73M shares) to cure Nasdaq's $1 minimum-bid rule after the stock hit $0.65 following heavy ATM dilution; ~37% of holdings (3,090 BTC) are pledged to Bitmain, and Hut 8 majority control plus Trump-family affiliation add governance and headline risk.

Sources

Figures are compiled from public disclosures and may lag. This page is information, not investment advice or a recommendation regarding ABTC securities.