CryptoMedium•5 November 2026•
1 min read
American Bitcoin Reports $126M Q3 Profit Driven by BTC Gains
Key Facts
1American Bitcoin earned $126 million in Q3, driven by a $197.3 million gain from its Bitcoin holdings.
2The miner's core operations posted a small loss when excluding the Bitcoin valuation gains.
American Bitcoin earned a net profit of $126 million in the third quarter of 2026. BeInCrypto reported that the performance was primarily driven by a $197.3 million gain from the appreciation of its Bitcoin holdings. However, the company's core mining operations posted a small loss when excluding these digital asset valuation gains.
ABTC closed at $6.24 on November 4, 2026, with the stock trading between a session low of $6.16 and a high of $6.94. The financial results highlight the company's significant exposure to cryptocurrency price volatility, as the appreciation of its digital assets offset underlying operational losses in the mining business.