American Bitcoin Corp.
- ABTC ยท Nasdaq
- Finance Services
- Miami, FL
- 2 employees
- CIK 0001755953
Updated from SEC filings through
Top things to know
Executives
- Michael Ho Chief Executive Officer and Director 10-K, 2026-03-27
- Paul Sacks Interim CFO 3, 2026-08-07
- Matt Prusak President and Interim Chief Financial Officer 10-K, 2026-03-27
- Matthew Prusak PRESIDENT, INTERIM CFO 4, 2026-02-26
American Bitcoin Corp. is a U.S. public company in finance services (SIC 6199), headquartered in Miami, FL. It trades as ABTC on Nasdaq. Revenue was $185M in the fiscal year ending December 31, 2025, +158.8% from the year before. It reported about 2 employees. Michael Ho is Chief Executive Officer and Director.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $185M 10-K, 2026-03-27 | $71.5M 10-K, 2026-03-27 | $65.0M 10-K, 2026-03-27 | $10.5M 10-K, 2024-04-01 | $17.6M 10-K, 2023-03-21 |
| Operating income | -$228M 10-K, 2026-03-27 | $484M 10-K, 2026-03-27 | $6.2M 10-K, 2026-03-27 | -$43.1M 10-K, 2024-04-01 | -$33.1M 10-K, 2023-03-21 |
| SG&A | $33.4M 10-K, 2026-03-27 | $34.5M 10-K, 2026-03-27 | $36.5M 10-K, 2026-03-27 | $13.6M 10-K, 2024-04-01 | $17.9M 10-K, 2023-03-21 |
| Net income | -$153M 10-K, 2026-03-27 | $429M 10-K, 2026-03-27 | $39.6M 10-K, 2026-03-27 | -$79.1M 10-K, 2024-04-01 | -$31.3M 10-K, 2022-03-31 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Michael Ho | Chief Executive Officer and Director | 10-K, 2026-03-27 |
| Paul Sacks Head of Derivatives & Interim CFO at American Bitcoin | Interim CFO | 3, 2026-08-07 |
| Matt Prusak | President and Interim Chief Financial Officer | 10-K, 2026-03-27 |
| Matthew Prusak | PRESIDENT, INTERIM CFO | 4, 2026-02-26 |
| Asher Genoot | Executive Chairman | 10-K, 2026-03-27 |
| Justin Mateen | Director | 10-K, 2026-03-27 |
| Michael Broukhim | Director | 10-K, 2026-03-27 |
| Richard Busch | Director | 10-K, 2026-03-27 |
What American Bitcoin Corp. does
Our business objective is Bitcoin accumulation, and we aim to pursue that goal through a multi-pronged strategy that combines efficient Bitcoin mining, disciplined Bitcoin reserve expansion, and focused ecosystem engagement.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 82.8 million (as of August 14, 2025) | 10-Q, August 14, 2025 |
|---|---|---|
| Public float | $58.0M (as of June 30, 2025) | 10-K, March 27, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting April 24, 2026 (filed April 27, 2026) | DEF 14A, April 27, 2026 |
| Auditor | Kpmg LLP (New York, New York) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 6, 2026 | Justin Mateen Director | Buy | 306,981 | $1.9M | Form 4, August 7, 2026 |
| June 15, 2026 | Richard Busch Director | Buy | 450,000 | $392K | Form 4, June 16, 2026 |
| March 5, 2026 | Richard Busch Director | Buy | 68,000 | $78K | Form 4, March 9, 2026 |
| March 4, 2026 | Richard Busch Director | Buy | 330,000 | $334K | Form 4, March 5, 2026 |
| March 3, 2026 | Justin Mateen Director | Buy | 1,800,000 | $1.9M | Form 4, March 5, 2026 |
| December 22, 2025 | Richard Busch Director | Buy | 101,000 | $200K | Form 4, December 23, 2025 |
| December 16, 2025 | Richard Busch Director | Buy | 175,000 | $291K | Form 4, December 18, 2025 |
| September 3, 2025 | Lending CA LLC Anchorage Director | Sale | 2,534,490 | $20.2M | Form 4, September 5, 2025 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-03
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-08-03
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-06
- Item 3.03 Material modification to rights of security holders
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 8.01 Other events
- 8-K filed 2026-06-24
- Item 5.07 Submission of matters to a vote of security holders
- Item 8.01 Other events
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-14
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-04
- Item 8.01 Other events
- 8-K filed 2025-09-25
- Item 4.01 Changes in registrant's certifying accountant
Frequently asked questions about American Bitcoin Corp.
- What does American Bitcoin Corp. do?
- In its own words, from Item 1 of its 10-K: "Our business objective is Bitcoin accumulation, and we aim to pursue that goal through a multi-pronged strategy that combines efficient Bitcoin mining, disciplined Bitcoin reserve expansion, and focused ecosystem engagement."
- What is American Bitcoin Corp.'s revenue?
- $185M for the fiscal year ending December 31, 2025, from its 10-K filed March 27, 2026.
- Is American Bitcoin Corp. profitable?
- American Bitcoin Corp. reported net income of -$153M for the fiscal year ending December 31, 2025.
- How many employees does American Bitcoin Corp. have?
- About 2 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of American Bitcoin Corp.?
- Michael Ho, Chief Executive Officer and Director, as named in a 10-K filed March 27, 2026.
- Who is the CFO of American Bitcoin Corp.?
- Paul Sacks, Interim CFO, as named in a 3 filed August 7, 2026.
- Where is American Bitcoin Corp. headquartered?
- Miami, FL.
- What is American Bitcoin Corp.'s stock ticker?
- ABTC on Nasdaq.
- What industry is American Bitcoin Corp. in?
- Finance Services, SIC code 6199.
- What is American Bitcoin Corp.'s website?
- abtc.com. Investor relations: https://abtc.com/investors.
- When does American Bitcoin Corp. report earnings next?
- November 13, 2026. Source: pg_earnings_events.
- Is American Bitcoin Corp. a public company?
- Yes. American Bitcoin Corp. files with the SEC under CIK 0001755953 and trades as ABTC.
- Who audits American Bitcoin Corp.?
- Kpmg LLP, New York, New York, as named in its latest annual report (10-K).
- How many shares of American Bitcoin Corp. are outstanding?
- 82.8 million shares as of August 14, 2025, from its 10-Q filed August 14, 2025.
- What is American Bitcoin Corp.'s public float?
- $58.0M as of June 30, 2025, as reported on the cover of its 10-K filed March 27, 2026.
- How many business segments does American Bitcoin Corp. report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed November 4, 2026.
- When is American Bitcoin Corp.'s annual shareholder meeting?
- April 24, 2026, per its proxy statement (DEF 14A) filed April 27, 2026.
- Have American Bitcoin Corp. insiders traded stock recently?
- Since September 3, 2025, officers and directors reported 2 open-market sales worth about $40.4M and 7 purchases worth about $5.1M on Forms 4 and 5. The most recent: Justin Mateen (Director) bought 306,981 shares on August 6, 2026.