American Bitcoin Corp.
ABTCNasdaqFinancials · Finance Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $185.2M | $20.5M | $21.9M | $13.6M | $17.6M | $12,573 |
| Operating income | −$228.0M | −$17.7M | −$19.2M | −$43.1M | −$33.1M | −$17.3M |
| Net income | −$100.6M | −$21.3M | −$28.6M | −$79.1M | −$31.3M | −$13.6M |
| Total assets | $1.25B | $7.6M | $18.8M | $19.5M | $94.5M | $77.2M |
| Total liabilities | $580.7M | $14.6M | $19.4M | $24.3M | $34.5M | $19.9M |
| Equity | $665.8M | −$7.0M | −$599,000 | $26.7M | $59.9M | $57.2M |
| EPS (diluted) | $-0.17 | $-0.51 | $-0.83 | $-546.56 | $-24.44 | — |
| Shares out. | 70.0M | 38.8M | 5.8M | 32.1M | 1.6M | 14.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −123.1%
- Net margin
- −54.3%
- Return on equity
- −15.1%
- Return on assets
- −8.1%
- Return on capital (ROCE)
- −20.1%
- Liabilities / assets
- 46.6%
- Debt / equity
- 0.87×
- Book value / share
- $9.51
- Revenue growth (YoY)
- 801.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -0.70distress
- Accruals / assets
- −1.7%clean
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 18, 2021
- NT 10-Kmissed a reporting deadline ↗Sep 29, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Trump EricActivist (13D)Dec 22, 2025
- Hut 8 Corp.Activist (13D)Sep 10, 2025
- Anchorage Lending Ca, LlcActivist (13D)Sep 5, 2025
- Tolhurst Daniel GeorgePassive (13G)Aug 14, 2025
- Roxy Capital CorpPassive (13G)Jun 4, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 8.0M | 1.0 | -24.0% |
| Apr 30, 2026 | 10.5M | 1.0 | -26.8% |
| Apr 15, 2026 | 14.4M | 1.4 | +2.1% |
| Mar 31, 2026 | 14.1M | 1.2 | -6.0% |
| Mar 13, 2026 | 15.0M | 1.0 | +67.2% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 6, 2026
- Results of operationsFeb 26, 2026
- Results of operationsNov 14, 2025
- Other material eventNov 4, 2025
- Changed auditorSep 25, 2025
- Entered a material agreementSep 3, 2025
- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Item 5.05 · Regulation FD disclosure · Other material eventSep 3, 2025
- Other material eventSep 2, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.