American Bitcoin presents strategy to expand reserves through mining and market purchases
ABTC•American Bitcoin's reserves rose about 5% quarter over quarter to approximately 8,427 BTC at the end of Q3 2026. The company said an at-the-market offering targets sales of up to $2.1 billion in primary shares to accelerate Bitcoin accumulation beyond mining output.
1. Reserves and mining
American Bitcoin's reserves increased about 5% quarter over quarter to approximately 8,427 BTC at the end of Q3 2026. Mining output fell about 4% to approximately 891 BTC, reflecting deliberate curtailment during elevated summer power prices.
2. Offering targets accumulation
Cost of revenue per BTC mined increased about 15% quarter over quarter to approximately $42,100 from $36,500. An at-the-market offering targets sales of up to $2.1 billion in primary shares to accelerate Bitcoin accumulation beyond mining output.
