Every material Form 8-K American Bitcoin Corp. has filed with the SEC since August 03, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
American Bitcoin reported third-quarter 2026 results, showing net income of $126 million compared with a net loss of $57.2 million in the second quarter. Mining revenue fell to $63.4 million from $67.0 million, and gross margin narrowed to about 41% from about 49%, which the company attributed to higher seasonal power costs. The profit swing reflects a $197.3 million gain on digital assets, partly offset by a $64.3 million loss on derivatives, so shareholders should weigh the improved net income against weaker operating measures.
Net income was $126 million in Q3 2026, compared with a net loss of $57.2 million in Q2 2026; Adjusted EBITDA was $221 million versus a loss of $45.0 million.
Mining revenue was $63.4 million, down from $67.0 million; gross profit was $25.8 million, down from $33.0 million.
Cost to mine rose to about $42,100 per Bitcoin from about $36,500, primarily reflecting higher seasonal power costs.
Bitcoin holdings rose to about 8,427 as of September 30, 2026, from about 8,002 on June 30, 2026, and Satoshis Per Share increased about 5%.
American Bitcoin Corp. appointed Head of Derivatives Paul Sacks as Interim Chief Financial Officer, effective August 4, 2026, while President and Interim CFO Matthew Prusak steps down on the same date to pursue a position in Austin, Texas. The filing says Prusak's departure was voluntary and not due to any disagreement over financial statements, operations, policies, or practices, and Sacks's compensation is unchanged.
Paul Sacks, 53, named Interim CFO effective August 4, 2026, while keeping his role as Head of Derivatives
Matthew Prusak steps down as President and Interim CFO effective August 4, 2026; notice given July 30, 2026
Prusak's resignation was voluntary and not due to any disagreement with the company
Sacks's compensation and benefits are unchanged; he entered an indemnification agreement
American Bitcoin reported its second quarter 2026 results for the period ended June 30, 2026. Mining revenue rose about 8% from the first quarter to $67.0 million, and the net loss narrowed to $57.2 million from $81.8 million, largely because the loss on digital assets fell to $71.2 million from $117.2 million. The company still reported a net loss and said its Bitcoin holdings grew to about 8,002 Bitcoin.
Mining revenue was $67.0 million in Q2 2026, up from $62.1 million in Q1 2026.
Net loss was $57.2 million in Q2 2026, compared with $81.8 million in Q1 2026.
Adjusted EBITDA loss was $45.0 million in Q2 2026, compared with $91.3 million in Q1 2026.
Bitcoin holdings rose to about 8,002 as of June 30, 2026, from about 7,021 as of March 31, 2026, and Q2 mining production was a record of about 932 Bitcoin.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every American Bitcoin Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →