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American Bitcoin Corp. disclosed a total asset base of $1.42 billion as of September 30, 2026. The company's primary asset is a strategic Bitcoin reserve consisting of 8,427 Bitcoin. At the period-end fair market value of approximately $83,415 per Bitcoin, the total value of these holdings reached $702.9 million. Of the total reserve, 3,090 Bitcoin were pledged as collateral for miner purchases, according to the filing.
Riot Platforms sold 10,599 Bitcoin in the third quarter, drawing down its cryptocurrency reserves as it expanded into data centers and signed a $28 billion lease for its Corsicana campus in Texas.
Two workers were injured in a fire at Cango’s bitcoin mining facility in Soperton, Georgia, and flown to a burn unit in Augusta, according to WSB-TV.
This op-ed was written by Pierre Corbin, Founder of Flash, a financial reporting platform for bitcoin miners. The views expressed are his own and do not reflect those of TheEnergyMag.
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Bitdeer mined 1,190 bitcoin in July as its estimated share of network rewards reached 8.712%, while the company expanded its AI cloud and long-term colocation c...