American Bitcoin Targets 50 EH/s Mining Capacity, Reports 25 EH/s Installed

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According to Bitcoin.com, American Bitcoin (Nasdaq: ABTC) has reported 25 EH/s of installed mining capacity and aims to scale to 50 EH/s. The company, which listed on Nasdaq in September 2025, has grown its Bitcoin reserves from zero to over 4,000 BTC by the end of Q3. It operates an asset-light model in partnership with Hut 8, outsourcing infrastructure and using Bitcoin as collateral to finance new miner purchases. Q3 results showed $64.2 million in revenue and a 56% gross margin, with adjusted EBITDA nearly doubling to $27.7 million.

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