Crypto
American Bitcoin Corp. Expands Bitcoin Holdings and Mining Operations
American Bitcoin Corp. has expanded its bitcoin holdings and mining operations, according to recent reports.
The company now holds approximately 8,002 BTC, up about 14% from 7,021 at the end of March, making it the 15th largest bitcoin holder among publicly traded U.S. companies.
In Q2, the company mined around 932 BTC at a cost of about $36,500 per BTC, with its mining efficiency and cost control capabilities providing a solid foundation for future growth.