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American Bitcoin Announces 2026 Q2 Financial Report, Bitcoin Reserves Surpass 8,000

Source: www.prnewswire.com
According to the official announcement from American Bitcoin (Nasdaq: ABTC), the company reported its financial results for the second quarter of 2026. Q2 Bitcoin production reached a historic high of 932 coins, a 14% increase quarter-over-quarter; Bitcoin strategic reserves increased from 7,021 coins to 8,002 coins. Mining revenue was approximately $67 million, up 8% quarter-over-quarter; the cost to mine each Bitcoin was approximately $36,500, with gross margin remaining at approximately 50%. Although the Bitcoin price fell approximately 12% quarter-over-quarter during the period, the company's Satoshis Per Share (SPS) still increased approximately 11% quarter-over-quarter, from 9,943 to 10,989. In addition, the company completed the full energization of approximately 11,298 next-generation mining machines in April, adding approximately 3.05 EH/s of hash rate, with total hash rate reaching 28.1 EH/s.

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