American Bitcoin swings to $126M profit in Q3 2026 on Bitcoin gains

The Nasdaq-listed miner keeps stacking Bitcoin even as its per-coin mining costs climb American Bitcoin Corp. has added another 127 BTC to its balance sheet, bringing total holdings to 8,427 BTC. The more interesting story sits underneath the headline number: how the miner is paying for its pile, and what that pile is doing to its earnings. The numbers behind the stack The Nasdaq-listed company, which trades under the ticker ABTC, reported that its Bitcoin holdings reached approximately 8,427 BTC as of September 30, 2026. That compares with roughly 8,002 BTC at June 30, 2026. The result is a net gain of about 425 BTC over the third quarter. On the production side, American Bitcoin mined around 891 BTC in Q3 2026. That was down from approximately 932 BTC in the prior quarter. Put those figures side by side and a pattern appears. The company mined 891 coins but grew its treasury by only about 425. In other words, the balance sheet kept less than half of what the machines produced during the quarter. The headline earnings figure is where things get eye-catching. American Bitcoin posted net income of approximately $126 million for Q3 2026. One quarter earlier, it recorded a $57.2 milli...