American Bitcoin Q2 FY26 net loss narrows 30% to USD 57.15 million; revenue rises 8% to USD 67.02 million - ABTC News | RalliesAmerican Bitcoin Q2 FY26 net loss narrows 30% to USD 57.15 million; revenue rises 8% to USD 67.02 million
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ABTC• Q2 FY26 results
- American Bitcoin posted a GAAP net loss of USD 57.15 million, narrowing from USD 81.79 million in Q1 2026.
- Revenue rose 8% to USD 67.02 million as Bitcoin mined increased to 932 from 817 in the prior quarter.
- GAAP operating loss narrowed to USD 74.08 million from USD 118.2 million, helped by a smaller loss on digital assets of USD 71.18 million.
- Adjusted EBITDA loss improved to USD 45.03 million from USD 91.28 million, while cost to mine held roughly flat at about USD 36,500 per Bitcoin.
- Bitcoin holdings climbed about 14% to about 8,002 as of June 30, including about 3,090 pledged under BITMAIN miner-purchase agreements.