American Bitcoin Corp. (ABTC)

Nasdaq: ABTC · Finance Services · Miami, FL · filing with the SEC since 2018

Full chart Alerts Compare

Grade4.3

◀ Past 2.9● Present 5.0▶ Future 5.4

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of American Bitcoin Corp.

Nine metrics read from its own filings, by tense

Headline grade

4.3/10

◀ Past2.940% of the headline

● Present5.035% of the headline

▶ Future5.425% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.9/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed

2.5/10

Has it survived what it has been through?

13 warning events since 2018; the latest 2025-09-25.

weight 45% of this tense · 25th percentile among 130 sector filers · read for itself

From the record

American Bitcoin Corp.'s filings since 2018 show 13 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 9 times, the latest 2025-03-14); an auditor change (8-K item 4.01, 2 times, the latest 2025-09-25); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2021-05-18) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

6.1/10

What has it actually done, year after year?

+46.6% a year over 8 filed years; profitable in 2 of 7.

weight 22% of this tense · 61st percentile among 104 sector filers · read for its customers

From the record

American Bitcoin Corp.'s 8 filed years say what it did: revenue went from $10 million in fiscal 2018 to $185 million in fiscal 2025, up 46.6% a year; it rose in 6 of 7 years; the deepest fall was 41% from fiscal 2021 to fiscal 2022; net income was positive in 2 of 7 of those years (its annual reports).

What it rests on

revenue growth over the filed span46.6%top 29% of its family
the share of years revenue rosetop 27% of its family
the share of filed years with a profittop 50% of its family
the deepest fall from a revenue peak40.7%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed

1.3/10

How has it treated the people who own it?

Share count grew 990.0% a year. 0% of cash flow returned. Insiders: 0 sales, 9 purchases.

weight 33% of this tense · 13th percentile among 53 sector filers · read for its shareholders

From the record

Over the 4 fiscal years to 2025-12-31, American Bitcoin Corp.'s diluted share count grew about 990.0% a year, and dividends and buybacks returned about 0% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 9 purchases of their own stock on the open market in the year to 2026-09-30, buying about $5 million (their Form 4 filings).

What it rests on

the share count over the yearsbottom 4% of its family
cash returned against operating cash flowbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.0/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed

6.0/10

Is it financially healthy right now?

ROE -23%: lost 23¢ per shareholder dollar. Leverage 47%: owes 47¢ per asset dollar.

weight 45% of this tense · 60th percentile among 117 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, American Bitcoin Corp. lost about 23 cents for every dollar of shareholders' money, and gross profitability: its products earned about 7 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 47 cents per dollar of assets, and net share issuance: its share count grew 1.5% over the year (the filed statements).

What it rests on

what it owes per dollar of assetstop 48% of its family
return on equitybottom 47% of its family
gross profit against assetstop 39% of its family
the share count against the year beforetop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

6.6/10

How strong is its position in its industry?

top 34% of 114 in its family; net margin -82.7%.

weight 33% of this tense · 66th percentile among 114 sector filers · read for its customers

From the record

American Bitcoin Corp.'s standing among 114 graded names in its industry family: revenue of $185 million in fiscal 2025 ranks in the top 41% by size; a net margin of -82.7% ranks in the bottom 47%; revenue growth of 160.6% a year over the last 3 filed years ranks in the top 9% (its annual reports).

What it rests on

revenue against the family$185Mtop 41% of its family
net margin-82.7%bottom 47% of its family
three-year revenue growth160.6%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate

0.8/10

What are the people in charge doing?

SI estimate 0.8/10, confidence 35 of 100 (one part).

weight 22% of this tense · 8th percentile among 92 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 8% of 92 in its family; the record of its people begins on 2025-09-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.2 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read: The record of its people begins on 2025-09-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.2 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned: one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 92 in its family.
Confidence: 35 of 100
What would change it: A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: American Bitcoin Corp.'s leadership is put at 0.8 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 8% of 92 in its family; the record of its people begins on 2025-09-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.2 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.4/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed

4.3/10

How much room does it have to grow?

bottom 43% of 108 in its family for room to expand.

weight 33% of this tense · 43rd percentile among 108 sector filers · read for itself

From the record

American Bitcoin Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $4 million against no long-term debt tagged leaves 0.3% of its assets as net cash, bottom 24% of its family; cash from operations less capital spending is -43% of revenue (top 50%); a gross margin of 50.3% (top 45%) (its annual report).

What it rests on

cash less debt against assets0.3%bottom 24% of its family
cash from operations less capital spending against revenue-43.0%top 50% of its family
gross margin50.3%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

8.1/10

What could actually drive growth from here?

top 19% of 100 in its family for growth drivers.

weight 33% of this tense · 81st percentile among 100 sector filers · read for its customers

From the record

American Bitcoin Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 160.6% a year over the last three filed years against 46.6% over all 8, speeding up (top 3% of its family); the newest year grew 159% (top 11%); research spending grew -8.7% a year (bottom 39%); capital spending grew 451.8% a year (top 3%) (its annual reports). American Bitcoin Corp. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

three-year growth against the whole span+114.0 points a yeartop 3% of its family
the newest year's revenue growth159.0%top 11% of its family
three-year growth of research spending-8.7%bottom 39% of its family
three-year growth of capital spending451.8%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

3.9/10

Did its newest year beat what its own record pointed to?

bottom 39% of 78 in its family for expectations against reality.

weight 33% of this tense · 39th percentile among 78 sector filers · read for its shareholders

From the record

American Bitcoin Corp.'s newest year against its own record: revenue of $185 million in fiscal 2025 came in 1% below the $187 million its prior three years' pace pointed to (bottom 47% of its family); net income of $153 million against a prior three-year average of $130 million (bottom 35%); a net margin of -82.7% against -31.8% before (bottom 34%) (its annual reports).

What it rests on

revenue against the prior three years' pace-1.0%bottom 47% of its family
net income against the prior three years' average-218%bottom 35% of its family
net margin against its prior average-50.9 pointsbottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ABTC · research, not advice