Treasury Qualification
Treasury classificationBitcoin Miner with Strategic Holdings
Qualification tierCore Directory
Directory statusIncluded
Ownership statusCompany-owned Bitcoin held by American Bitcoin, a majority-owned public subsidiary of Hut 8. Of the 7,021 BTC reported, 3,090 BTC was pledged to Bitmain under miner-purchase arrangements while American Bitcoin retained contractual repurchase rights.
Strategic intent
American Bitcoin states that Bitcoin accumulation is its primary business objective. Its strategy combines scaled self-mining, disciplined reserve expansion, and capital raised for Bitcoin purchases and mining infrastructure.
Bitcoin Treasury
BTC counted in directory7,021 BTC
Estimated value$447,750,233BTC price retrieved: July 28, 2026 at 19:58 UTC
Holdings as ofMarch 31, 2026
Average purchase priceNot disclosed
Ownership and Restrictions
Component figures are shown only when separately disclosed. “Not separately disclosed” does not imply zero.
Total BTC reported7,021
Unencumbered / unrestricted3,931
Pledged as collateral3,090
Loaned to third parties0
Subsidiary-owned0
Other restricted / receivable0
Latest Financial Results
Reporting period: Three months ended March 31, 2026
Revenue$62,118,000
Operating income/loss$-118,196,000
Net income/loss$-81,792,000
Cash$10,054,000
Management
- Chief executive officer
- Michael Ho
- Chief financial officer
- Matt Prusak (President and Interim CFO)
- Executive chair
- Asher Genoot (Executive Chairman)