Bitcoin News Today: ABTC Mines Bitcoin Below Market Rate, Fueling Profit and Expansion

American Bitcoin's Third-Quarter Profitability and Expansion Signal Industry Momentum

American Bitcoin (ABTC), the Trump family-linked cryptocurrency miner, reported a third-quarter profit and a significant increase in revenue, underscoring growing momentum in the Bitcoin mining sector. The company, which became a standalone public entity after spinning out from Hut 8's operations, posted net income of $3.47 million for Q3 2025, a sharp turnaround from a $576,000 loss in the same period the prior year. Revenue surged fivefold to $64.2 million, driven by expanded mining capacity and strategic Bitcoin accumulation.

The company's Bitcoin holdings have grown substantially, with its reserves rising to 4,004 BTC as of November 2025, up from 3,418 BTC in September. This growth reflects a combination of mining operations and purchases, positioning American Bitcoin among the leading public entities in Bitcoin treasury accumulation. The firm also expanded its mining capacity by 2.5 times quarter-over-quarter, reaching 25 exahash per second (EH/s), with an average efficiency of 16.3 joules per terahash.

The profitability and expansion align with broader trends in the Bitcoin mining industry. Canaan Inc. reported 92 BTC mined in October 2025, with a deployed hashrate of 9.31 EH/s and a record cryptocurrency treasury of 1,610 BTC and 3,950 ETH. Meanwhile, Hyperscale Data announced the deployment of 4,092 new Bitmain S21+ and S21 Pro Antminers, set to boost its Bitcoin production and advance its $100 million Bitcoin treasury strategy.

American Bitcoin's success is attributed to its cost-efficient mining operations and strategic partnerships. The company highlighted its collaboration with Hut 8, which provides access to power assets and greenfield development platforms, enabling rapid scaling with minimal risk. CEO Mike Ho emphasized the firm's ability to generate Bitcoin below market rates, a key advantage over traditional treasury vehicles. "Our third-quarter performance reflects the speed, discipline, and precision with which we are executing against our differentiated Bitcoin accumulation model," he stated.

The company's stock price surged 5% to near $5 per share following the earnings report, though Bitcoin's price declined to $95,328, down 24% from its all-time high. This volatility highlights the challenges facing the sector, but American Bitcoin remains focused on long-term Bitcoin ownership per share accretion and structural cost advantages.

Industry analysts note that the expansion of mining infrastructure and technological advancements are critical for sustaining growth. LCPC AI, for instance, introduced an AI-integrated blockchain model to support sustainable cryptocurrency development, while BitFuFu reported a 118.8% net dollar retention rate in Q3 2025, driven by cloud mining demand and equipment sales.

As the Bitcoin market continues to evolve, American Bitcoin's disciplined execution and strategic positioning may serve as a blueprint for other firms navigating the sector's challenges.