American Bitcoin Announces Q3 Results: Revenue of $64.22 Million, Bitcoin Holdings Increase to 3,418 BTC

According to PR Newswire, American Bitcoin (NASDAQ: ABTC) announced its Q3 2025 results: during the quarter, the company increased its Bitcoin holdings by over 3,000 BTC through low-cost self-mining and market purchases, bringing its total reserves to 3,418 BTC. Revenue surged year-over-year to $64.20 million (compared to $11.60 million in the same period last year), with net profit reaching $3.5 million, turning profitable from a loss in the same period last year. Gross margin increased from 49% to 56%. During this period, the company completed a stock-for-stock merger with Gryphon Digital Mining and listed on NASDAQ, with mining capacity increasing approximately 2.5 times quarter-over-quarter to around 25 EH/s. The company stated it will continue to drive long-term BTC accumulation through its "scaled asset-light mining + market-based accumulation" model.