Search the Newsreel

American Bitcoin Ord Shs Class A (ABTC) Earnings Forecast: Future EPS & Revenue Growth Estimates

American Bitcoin Corp Reports Record BTC Production Despite Price Challenges

American Bitcoin Corp. mined a record 932 BTC in Q2 2026, a 14% increase from the previous quarter, despite a 12% decline in Bitcoin's price. The company focused on scaling its infrastructure, leading to an 8% rise in mining revenues to $67 million, though …

Eric Trump-Backed American Bitcoin Jumps After Revenue More Than Doubles Estimates

American Bitcoin Adds 11K Miners, Lifts Hashrate 12%

American Bitcoin Corp. has activated over 11,000 new Bitcoin miners at its Drumheller facility in Alberta, Canada, increasing its total hashrate by 12% to 28.1 EH/s. This expansion fulfills a previously announced plan and boosts the company's Bitcoin accumulation strategy. The company's stock, ABTC, …

American Bitcoin (Nasdaq:ABTC) - Stock Analysis

This article provides a detailed stock analysis of American Bitcoin (ABTC), highlighting its focus on building a Bitcoin infrastructure platform and accumulating Bitcoin reserves. It covers the company's recent financial performance, including a Q2 2026 loss despite record Bitcoin mining production, recent insider stock …

Insider Spends US$1.9m Buying More Shares In American Bitcoin

An independent director at American Bitcoin Corp. (NASDAQ:ABTC), Justin Mateen, recently purchased US$1.9 million worth of shares, significantly increasing his holding. This insider buying, at a price close to the current market value, suggests a strong vote of confidence in the company's future despite …

Justin Mateen buys nearly $2M of American Bitcoin stock

Justin Mateen, co-founder of Tinder and independent director of American Bitcoin Corp (ABTC), invested nearly $2 million in the company's Class A common stock shortly after ABTC reported a significant Q4 2025 loss. This insider purchase, alongside investments from another board member, comes as …

American Bitcoin (NASDAQ:ABTC) Director Justin Mateen Purchases 144,543 Shares

American Bitcoin (NASDAQ:ABTC) Director Justin Mateen recently purchased 144,543 shares at an average price of $6.40, totaling over $925,000, and further increased his position by buying another 162,438 shares for $1.01 million the next day. These transactions significantly boosted his ownership in the company. …

Trump-backed American Bitcoin board member adds $1.9 million to personal stake

Justin Mateen, a director on the board of Trump-backed American Bitcoin (ABTC), purchased approximately $1.93 million worth of the company's stock over two days, increasing his personal stake to over 492,000 shares. These transactions followed the company's second-quarter earnings report, which highlighted growth in …

American Bitcoin Corp. (NASDAQ: ABTC) director adds 306,981 shares in open-market buys

American Bitcoin Corp. director Justin Mateen purchased a total of 306,981 shares of the company's Class A Common Stock through open-market transactions on August 5 and August 6, 2026. The purchases, valued at approximately $1.93 million, were made at weighted average prices of $6.3964 …

Tinder co-founder buys $2M in American Bitcoin stock despite $59M quarterly loss

Tinder co-founder Justin Mateen, who is also a director at American Bitcoin Corp, invested nearly $2 million in the company by purchasing 1.8 million shares. This investment occurred despite American Bitcoin reporting a significant $59 million loss in Q4 2025, primarily due to Bitcoin …

Interim CFO of American Bitcoin Corp. (ABTC) reports 56,497 RSUs

American Bitcoin Corp. (ABTC) Interim CFO Paul Sacks has reported beneficial ownership of 56,497 Restricted Stock Units (RSUs) in a recent Form 3 filing. These RSUs, granted on May 4, 2026, are tied to Class A Common Stock and will vest in three equal …

Eric Trump-Led American Bitcoin To Adopt Michael Saylor’s Approach of Selling BTC to Support Economics? CEO Says…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. American Bitcoin Corp. CEO Mike Ho sidestepped questions on Monday about selling Bitcoin to fund equity buybacks, a move some other companies in the industry have pursued. …

American Bitcoin Reports Second Quarter 2026 Results

American Bitcoin Corp. (Nasdaq: ABTC) reported its Q2 2026 financial results, highlighting record quarterly Bitcoin production and a significant increase in its strategic reserve to over 8,000 Bitcoin. The company's mining revenue reached $67.0 million, an 8% increase from Q1 2026, while the cost …

American Bitcoin Names Paul Sacks Interim Chief Financial Officer

American Bitcoin Corp (ABTC) announced the appointment of Paul Sacks as Interim Chief Financial Officer, effective August 4, 2026. Sacks will retain his role as Head of Derivatives without a change in compensation. This follows the voluntary resignation of Matthew Prusak from his position …

American Bitcoin Q2 Earnings: A Better Miner, Not Yet A Better Investment (NASDAQ:ABTC)

Hut 8’s Stock Falls On Poor Financial Results

Hut 8's Stock Falls On Poor Financial Results Hut 8's (NASDAQ: $HUT) stock is down 5% on Aug.4 after the Bitcoin (CRYPTO: $BTC) miner and artificial intelligence (A.I.) data centre operator reported disappointing financial results. Hut 8 announced a second-quarter net loss of -$1.78 …

Trump-backed Bitcoin company makes key move amid quarterly loss

American Bitcoin appointed Paul Sacks as its interim chief financial officer after President and interim CFO Matthew Prusak resigned, a day after the Trump-backed Bitcoin miner reported its second-quarter earnings. The company said Prusak would step down effective Aug. 4 to pursue a new …

American Bitcoin’s President Resigns

American Bitcoin's President Resigns The president of American Bitcoin (NASDAQ: $ABTC) has resigned from the cryptocurrency mining firm. Matt Prusak, who served as both president and interim chief financial officer (CFO) of American Bitcoin, said he is leaving the company to join artificial intelligence …

American Bitcoin Names Paul Sacks Interim CFO Following Matt Prusak’s Exit

American Bitcoin Names Paul Sacks Interim CFO — Source: CoinGape American Bitcoin reported $67 million in Q2 revenue and mined a record 932 BTC, up 14% quarter-over-quarter. As Bitcoin treasury holdings reach 8,002 BTC, Paul Sacks has been appointed Interim CFO, effective August 4. …

American Bitcoin (ABTC) Stock Rises As Revenue Grows But Losses Deepen

American Bitcoin (ABTC), a bitcoin mining company founded by two sons of U.S. President Donald Trump

American Bitcoin Corp. Q2 2026: Revenue $67M, EPS $(0.80) — 10-Q Summary

American Bitcoin Corp. reported its Q2 2026 results, showing a significant increase in revenue to $67M from $30.3M year-over-year, driven by expanded mining capacity and higher Bitcoin production. Despite revenue growth, the company posted a net loss of $(57.2)M and diluted EPS of $(0.80), …

Matt Prusak departs American Bitcoin, joins Giga Energy as chief business officer and interim CFO

American Bitcoin President and CFO Matt Prusak is joining Giga Energy as chief business officer and interim chief financial officer, according to a LinkedIn post. Giga is an AI/HPC infrastructure provider. Separately, Prusak will leave his positions as president and interim CFO of American …

American Bitcoin Stock (ABTC) Opinions on Upcoming Earnings Call

Key Points Interested in American Bitcoin Corp.? Here are five stocks we like better. Record production: American Bitcoin mined 932 Bitcoin in Q2, up 14% sequentially, while revenue rose 8% to approximately $67 million after scaling its Drumheller facility. Profitability affected by Bitcoin prices: …

American Bitcoin Reports Net Loss In Q2; Increases Strategic Reserve To Over 8,000 Bitcoin

(RTTNews) - American Bitcoin Corp. (ABTC) reported a net loss of $57.2 million for the three months ended June 30, 2026. Operating loss was $74.1 million, for the period. Adjusted EBITDA was negative at $45.0 million. Mining revenue was approximately $67.0 million, for the …

Trump brothers-backed American Bitcoin swings to second-quarter loss

Aug 3 (Reuters) - American Bitcoin, backed by two of U.S. President ‌Donald Trump's sons, swung to a ‌second-quarter loss on Monday, hurt by a ​selloff in the cryptocurrency. Market volatility from surging geopolitical tensions has pushed investors into a risk-off mode, piling pressure …

American Bitcoin (NASDAQ:ABTC) Announces Earnings Results

AMERICAN BITCOIN ($ABTC) Releases Q2 2026 Earnings

Here are the major earnings before the open Monday

Major earnings expected before the bell on Monday include: * Tyson Foods (TSN [https://seekingalpha.com/symbol/TSN]) * Marriott International (MAR [https://seekingalpha.com/symbol/MAR]) * EchoStar Corporation (ECHO [https://seekingalpha.com/symbol/ECHO]) * TG Therapeutics (TGTX [https://seekingalpha.com/symbol/TGTX]) * Luckin Coffee (LKNCY [https://seekingalpha.com/symbol/LKNCY]) Other earnings slated for release before Monday's open include: * …

Major wealth manager discloses Bitcoin, XRP holdings

EverSource Wealth Advisors, a wealth management firm based out of the United States, disclosed in a 13F filing with the U.S. Securities and Exchange Commission (SEC) that it holds exposure to Bitcoin (BTC), XRP, and major crypto companies. Related: Influencer sells 2 Ferraris to …

American Bitcoin Corp. Revenue Breakdown – NASDAQ:ABTC

A $19 Billion Reason to Buy Hut 8 Stock Here

Buy Button by FOTOGRIN via Shutterstock Hut 8 Corp. (HUT) is a Miami-headquartered energy infrastructure platform founded in 2018 that operates at the convergence of power, digital infrastructure, and high-performance computing. The company builds, owns, and operates large-scale data center campuses for AI and …