American Bitcoin Corp.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $185.2M | $71.5M | $65.0M | $10.5M | $17.6M |
| Research and development | — | — | $2.3M | $4.1M | $5.9M |
| Operating expenses | — | — | $10.3M | $48.6M | $43.3M |
| Operating income | -$228.0M | $484.1M | $6.2M | -$43.1M | -$33.1M |
| Interest expense | — | $3.5M | $8.8M | — | — |
| Pretax income | -$171.3M | $493.4M | $20.8M | -$59.3M | -$33.3M |
| Income tax expense | -$18.1M | $59.6M | -$18.8M | -$701,119 | -$2.3M |
| Net income | -$153.2M | $428.9M | $39.6M | -$79.1M | -$31.3M |
| Balance Sheet | |||||
| Cash and equivalents | — | $735,000 | $915,000 | $267,000 | $12.6M |
| Current assets | $8.9M | $153.1M | $5.4M | $10.8M | $18.2M |
| Total assets | $1.2B | $1.1B | $18.8M | $19.5M | $94.5M |
| Current liabilities | $111.6M | $50.3M | $19.4M | $22.5M | $29.2M |
| Total liabilities | $580.7M | $91.3M | $19.4M | $24.3M | $34.5M |
| Total debt | — | — | $4.9M | — | $10.1M |
| Stockholders' equity | $665.8M | $1.0B | $473.8M | $26.7M | $59.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$79.6M | -$54.0M | -$56.0M | -$10.9M | -$8.2M |
| Depreciation and amortization | $58.2M | $22.7M | $918,898 | $7.8M | $5.7M |
| Stock-based compensation | $2.1M | $9.2M | $9.1M | $873,929 | $2.1M |
| Capital expenditure | $267.2M | $6.6M | $1.9M | $31,884 | $39,263 |
| Free cash flow | -$346.8M | -$60.6M | -$57.9M | -$10.9M | -$8.2M |
| Impairments | $0 | $3.1M | $0 | $26.5M | $14.4M |
Shares outstanding 1.1B · Free float 25.5%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.