Crypto
American Bitcoin Corp Shares Rise as Revenue Hits Record High
American Bitcoin Corp (ABTC) shares rose 3.80% to $5.73 after reporting Q2 revenue of $67 million, a new record for the company.
The miner also achieved its highest quarterly production since launching in March 2025, with approximately 932 BTC mined during the quarter.
Despite this success, American Bitcoin reported a net loss of $57.2 million due to a $71.2 million digital asset loss, which was recorded within operating expenses during the second quarter.