ABTC Stock Climbs 3.80% as American Bitcoin Reports Record Production and $67M Revenue

Despite reporting a net loss of $57.2 million in Q2, American Bitcoin Corp's (ABTC) stock price surged 3.80% to $5.73 after revealing revenue of $67 million and record production levels.

The company mined approximately 932 BTC during the quarter, an all-time high since its operational launch in March 2025, accounting for roughly 26% of cumulative Bitcoin mined.

A significant digital asset impairment charge of $71.2 million largely contributed to the net loss, with gross mining profit totaling around $33 million and margins holding steady at about 49%.