Bitcoin
American Bitcoin Doubles Revenue In Q3 2025
Credit : bitcoinmagazine.com
American Bitcoin (NASDAQ: ABTC), the cryptocurrency mining firm backed by Eric Trump and Donald Trump Jr., reported a robust third quarter.
US Bitcoin posted revenues of $64.2 million, up 453% year-on-year, whereas internet revenue rose to $3.47 million, reversing a lack of $576,000 in the identical interval final yr.
The Miami-based miner, which turned a standalone public entity after splitting from Hut 8 and merging with Gryphon Digital Mining, has been aggressively scaling its operations.
Through the third quarter, US Bitcoin expanded its mining capability roughly 2.5 occasions to 25 exahash per second (EH/s), with its fleet reaching an effectivity of 16.3 joules per terahash (J/TH).
The corporate’s scalable, asset-light mining method allowed it to generate bitcoin at below-market costs, whereas disciplined market buying contributed to wider revenue margins.
On the federal government bond entrance, US Bitcoin gained over 3,000 BTC through the quarter and ended the third quarter with 3,418 BTC. As of this month, the corporate’s holdings grew to 4,004 BTC, equal to 432 satoshis per share.
Eric Trump emphasised that the corporate’s technique focuses on each manufacturing and accumulation, strengthening long-term worth creation as market circumstances fluctuate.
Eric Trump shared some outcomes on X with the quick message “Simply began! @ABTC”.
Regardless of sturdy fundamentals, ABTC shares fell greater than 13% in pre-market buying and selling on Friday, following a broader crypto market pullback as Bitcoin fell under $95,000.
Nonetheless, the corporate’s high-profile backing and strategic growth have captured investor consideration, positioning American Bitcoin as a notable participant within the digital asset ecosystem.
With a mix of rising mining manufacturing, environment friendly operations, and a quickly increasing bitcoin treasury, American Bitcoin lays declare to being one of many extra institutionally oriented, growth-oriented bitcoin miners in the marketplace, even amid ongoing value turbulence.
Particulars of the US Bitcoin merger
In September, US-based Bitcoin Corp. accomplished a stock-for-stock merger with Gryphon Digital Mining, making a Nasdaq-listed Bitcoin accumulation platform. The corporate, majority-owned by Hut 8, mixed mining operations with strategic Bitcoin purchases to attain a structural price benefit.
On the time, Eric Trump highlighted ABTC as a public car that provides buyers direct publicity to Bitcoin whereas furthering US management within the world crypto financial system. The Trump household emphasised aligning with American values and leveraging public markets to effectively scale their operations.
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