American Bitcoin Tops 6,000 BTC Holdings After Q4 Production, ATM Buys
Trump-linked American Bitcoin Corp has grown its bitcoin holdings to over 6,000 BTC despite the recent slide in digital asset prices, as the company reported fourth-quarter and full-year 2025 results.
The Miami-based miner, which began trading on the Nasdaq in 2025 under the ticker ABTC, said it held 5,401 bitcoin as of Dec. 31. Since the beginning of this year, that figure had increased to over 6,000 BTC, according to the company’s earnings release.
The increase comes after bitcoin has retreated from recent highs, underscoring the company’s strategy of combining mining output with at-the-market equity sales to expand its treasury position.
American Bitcoin said it mined 1,654 BTC from the beginning of the second quarter of 2025 through year-end, including 783 BTC in the fourth quarter alone. Roughly one-third of its year-end holdings were generated through mining production, with the remainder acquired through strategic transactions and at-the-market purchases.
Revenue for the year ended Dec. 31 totaled $185.2 million, while fourth-quarter revenue rose to $78.3 million from $64.2 million in the third quarter, representing about 22% quarter-over-quarter growth.
The company reported a gross margin of approximately 50% for the full year and 53% in the fourth quarter. Installed mining capacity stood at approximately 25.0 EH/s with 21.9 EH/s operational as of the year end, supported by around 78,000 ASIC machines with an average fleet efficiency of 16.3 J/TH.
During the fourth quarter, the company generated $150.5 million in gross proceeds from its at-the-market equity program, providing additional capital to expand its bitcoin reserve and support operations.
