profit from every $100 of sales.
$0$100
American Bitcoin
$5.30+3.31% today
+7.9% in 1 year
1-year low $1.591-year high $30.30
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What American Bitcoin sold, what it kept, and what it did with the cash.
Sales went from $65.7 million in 2022 to $185 million in 2025, with -$153 million of profit last year.
SalesProfit
American Bitcoin vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| American Bitcoin | No profit yet | ||
 Raymond James Financial | 15.1× · Fair price | ||
 Tradeweb Markets | 35.0× · Expensive | ||
 Nomura Holdings | 13.3× · Cheap | ||
 LPL Financial Holdings | 27.2× · Fair price |
AI analysis
An AI analyst reads American Bitcoin's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 66 | 65 | 72 | 185 | |
| 23 | 21 | 32 | 93 | |
| -12 | -27 | -25 | 2 | |
| -68 | 44 | 520 | -113 | |
| -104 | 40 | 429 | -153 | |
| -0.11 | 0.04 | 0.47 | -0.16 | |
| 35.5% | 32.9% | 44.8% | 50.3% | |
| -18.1% | -41.9% | -35.2% | 0.8% | |
| -158.6% | 61.0% | 599.6% | -82.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | – | 539 | 1,106 | 1,247 |
| Cash | – | – | 0 | 4 |
| Total debt | – | 44 | 0 | 188 |
| Total liabilities | – | 65 | 91 | 581 |
| – | 474 | 1,015 | 666 | |
| 909 | 909 | 909 | 975 | |
| – | 4.5% | 38.7% | -15.8% | |
| – | 8.4% | 42.3% | -23.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -73 | -56 | -54 | -80 | |
| 47 | 1 | 36 | – | |
| -120 | -57 | -90 | -80 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 5 | 9 | 9 | 2 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- 353.3×
- –
- 1.8×
- 2.1×
- -39.7%
- 0.0%
Profitability
- -82.7%
- 1.5%
- -160.9%
- -29.7%
- -11.0%
Growth
- +41.3%
- –
- –
- +0.2%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 32%of 748
Bottom 19%of 603
Top 12%of 883
Bottom 6%of 933
What analysts expect
- Average price target
- $4.00
- Range
- $4.00 – $4.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -0.08 | 0.01 | −900.0% |
| Feb 26, 2026 | -0.07 | 0.02 | −450.0% |
News
Here’s Why Rothschild & Co Upgraded American Airlines (AAL)Yahoo Finance · Nov 11, 2026Every Humanoid Robot Needs Rare-Earth Magnets. Here's the American Stock Positioned to Sell Them -- and It's Down 62%.Yahoo Finance · Nov 7, 2026American Healthcare REIT forecasts $2.23-$2.26 2026 NFFO per share as same-store NOI growth target rises to 12%-14%Seeking Alpha · Nov 6, 2026American Express Has Cut Its Share Count by 27% Since 2016. Here's What That Did for the Stock.Yahoo Finance · Nov 6, 2026Pan American Silver declares $0.185 dividendSeeking Alpha · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
21No pass
Benjamin Graham
35No pass
Philip Fisher
45No pass
Peter Lynch
69Pass
Joel Greenblatt
0No pass
Charlie Munger
24No pass
Terry Smith
18No pass
Questions about American Bitcoin
Is American Bitcoin a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the American Bitcoin AI analysis
What does American Bitcoin do?
A Bitcoin accumulation and mining company formed via the merger of American Data Centers and Hut 8’s mining division. It aims to maximize Bitcoin held per share through a dual strategy combining scaled mining operations with opportunistic Bitcoin purchases. It is in Financial - Capital Markets.
Does American Bitcoin pay a dividend?
No. American Bitcoin does not pay a dividend at the moment.
Is American Bitcoin stock halal?
No. American Bitcoin does not pass our halal screen: its debt is 49% of its market value, at or above the 33% limit. How we check
How has American Bitcoin stock done over the past year?
Up 7.9% over the past twelve months, to $5.30. It traded between $1.59 and $30.30 and is 82.5% below its high.
Who are American Bitcoin's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with American Bitcoin's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.