Hut 8’s American Bitcoin Forecasts $0.01 EPS on $79.64M Revenue After 87% Slide
American Bitcoin, majority-owned by Hut 8, will report Q4 and full-year 2025 results before Thursday’s open with analysts forecasting $0.01 EPS on $79.64 million in revenue. The stock has tumbled 87% since its September Nasdaq debut despite amassing a 6,039 BTC reserve worth $392 million.
1. Q4 Earnings Preview
American Bitcoin, a majority-owned subsidiary of Hut 8, is set to release its fourth-quarter and full-year 2025 financials before market open on Thursday. Analysts project earnings of $0.01 per share on $79.64 million in revenue, representing a 24% sequential increase in quarterly sales.
2. Stock Slide Since Debut
Since listing on the Nasdaq in September, American Bitcoin’s shares have dropped 87% as early investors exited after lock-up expiry and broader Bitcoin market weakness weighed on sentiment. The steep decline contrasts with the firm’s operational progress.
3. Growing Bitcoin Holdings
The company has built a strategic cryptocurrency reserve, currently holding 6,039 BTC valued at approximately $392 million. Alongside treasury accumulation, American Bitcoin continues in-house mining operations, having lifted its gross margin to 56% last quarter.
4. Analyst Coverage and Outlook
Roth Capital and H.C. Wainwright initiated coverage with Buy ratings and $4 price targets, citing revenue growth and expanding margins. Market watchers will focus on guidance for both mining output and treasury strategy when results are announced.