American Bitcoin Sets Q2 Mining Record Amid Growing Treasury

American Bitcoin reported its strongest quarterly mining output on record in Q2 2026, producing 932 BTC. The result pushed the company's total BTC treasury up 14% to 8,002 coins.

The Nasdaq-listed company operates as a majority-owned subsidiary of Hut 8 and saw its mining revenue reach $67 million, up 8% from Q1.

American Bitcoin posted a net loss of $57.2 million for Q2, down from an $81.8 million loss in Q1, driven primarily by unrealized losses on the value of its BTC holdings rather than operational underperformance.