2 weeks ago
8
Edwin Ziheng Wang
Fri, November 14, 2025 astatine 9:24 AM CST 1 min read
Trump-linked Bitcoin miner American Bitcoin (Nasdaq: ABTC) dropped 2% successful opening contempt a beardown Q3 bitcoin accumulation during a broader sell-off crossed crypto and equities. The mining steadfast accrued its gross from the aforesaid 4th successful 2024 from $11.6 cardinal to $64.2 million, portion gross borderline grew 7% quarter-over-quarter, per the company’s financials.
The miner institution generated 563 bitcoin implicit the quarter, much than fractional of the 1,006 bitcoin produced during the archetypal 9 months of 2025. The institution attributed the summation to exercising an enactment to bargain 17,280 Bitmain U3S21EXPH miners totaling 15 exahash per second. The units lifted the company’s operational hashrate supra 21.9 EH/s by September 30.
American Bitcoin said it added much than 3,000 bitcoin to its strategical reserve during the 4th from mining and at-market purchases. The institution reported holdings of 3,418 bitcoin arsenic of September 30, with a further 447 bitcoin added implicit the people of October, for a full of 3,865 bitcoin.
The miner reported that the buys were funded done open-market purchases and its integrated mining operations. American Bitcoin said a bulk of its holdings stay pledged arsenic collateral nether its acquisition programme with Bitmain.
In September, the mining institution debuted connected Nasdaq with a 80% opening summation and triggered aggregate volatility halts. The institution was formed done a operation of Hut 8’s vigor infrastructure assets and American Data Centers, a Trump-family founded company.
.png)
English (CA) · 
English (US) · 
Spanish (MX) ·