The Trump-linked miner American Bitcoin (ABTC) announced its third-quarter financial results. The company reported an impressive turnaround to profitability. It posted a net income of $3.47 million. This sharply contrasts with the $576,000 loss from the same period last year, according to its SEC filing.
The Miami-based company’s revenue saw explosive growth. The figures surged fivefold to reach $64.2 million. This marks ABTC’s first full quarter as a public entity. Its capacity expansion was a key driver. The miner increased its fleet 2.5 times, reaching 25 exahash per second (EH/s).
Why Are Shares Falling Despite Strong Results?
The American Bitcoin Q3 2025 earnings report is significant. It shows the company’s rapid scaling after its recent merger. ABTC became a standalone public entity after merging with Gryphon Digital Mining and spinning off from Hut 8. Hut 8 currently retains an approximately 80% stake. Donald Trump Jr. and Eric Trump own 20%.
Despite the positive figures, ABTC shares fell 13% in pre-market trading. This drop does not appear related to the company’s performance. Instead, it reflects a broad sell-off in the cryptocurrency market. The price of Bitcoin (BTC) plummeted 7% in the last 24 hours, dragging mining stocks down with it.
While the market falters, American Bitcoin’s strategy remains focused on accumulation. The company added 3,000 BTC during the quarter. Its total Bitcoin holdings now stand at 4,004 BTC, according to a recent post. This HODL strategy, combined with its capacity expansion, positions the firm interestingly amid the cryptocurrencies market volatility.
