American Bitcoin Corp
American Bitcoin Corp., a Bitcoin accumulation platform company, focuses on building Bitcoin infrastructure platform. The company delivers institutional-grade exposure to Bitcoin through business model that integrates self-mining operations with accumulation strategies. The company is based in Miami, Florida. American Bitcoin Corp. operates as a subsidiary of Hut 8 Corp.
American Bitcoin Corp (ABTC) - Net Assets
Latest net assets as of September 2025: $575.45 Million USD
Based on the latest financial reports, American Bitcoin Corp (ABTC) has net assets worth $575.45 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.16 Billion) and total liabilities ($587.37 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $575.45 Million |
| % of Total Assets | 49.49% |
| Annual Growth Rate | 104.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 90.75 |
American Bitcoin Corp - Net Assets Trend (2020–2024)
This chart illustrates how American Bitcoin Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for American Bitcoin Corp (2020–2024)
The table below shows the annual net assets of American Bitcoin Corp from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.02 Billion | +114.25% |
| 2023-12-31 | $473.78 Million | +9918.28% |
| 2022-12-31 | $-4.83 Million | -108.05% |
| 2021-12-31 | $59.95 Million | +4.20% |
| 2020-12-31 | $57.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Bitcoin Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5787259900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.06 Billion | 104.76% |
| Other Comprehensive Income | $-48.35 Million | -4.76% |
| Total Equity | $1.02 Billion | 100.00% |
American Bitcoin Corp Competitors by Market Cap
The table below lists competitors of American Bitcoin Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MT Hoejgaard Holding A/S
CO:MTHH
|
$204.85 Million |
|
Alkyl Amines Chemicals Limited
NSE:ALKYLAMINE
|
$204.91 Million |
|
Elitegroup Computer Systems Co Ltd
TW:2331
|
$204.97 Million |
|
Harson Trading China Co Ltd
SHG:603958
|
$204.99 Million |
|
Aedas Homes SL
MC:AEDAS
|
$204.80 Million |
|
Coveo Solutions Inc.
PINK:CVOSF
|
$204.76 Million |
|
KRBL Limited
NSE:KRBL
|
$204.74 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
$204.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Bitcoin Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 473,784,000 to 1,015,067,000, a change of 541,283,000 (114.2%).
- Net income of 428,935,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 59,344,000.
- Other factors increased equity by 171,692,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $428.94 Million | +42.26% |
| Other Comprehensive Income | $-59.34 Million | -5.85% |
| Other Changes | $171.69 Million | +16.91% |
| Total Change | $- | 114.25% |
Book Value vs Market Value Analysis
This analysis compares American Bitcoin Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 16.43x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.06 | $1.06 | x |
| 2021-12-31 | $0.07 | $1.06 | x |
| 2022-12-31 | $-0.01 | $1.06 | x |
| 2023-12-31 | $0.53 | $1.06 | x |
| 2024-12-31 | $1.12 | $1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Bitcoin Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 42.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 599.60%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.09x
- Recent ROE (42.26%) is above the historical average (-12.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -58.95% | -216.71% | 0.20x | 1.34x | $-39.67 Million |
| 2021 | -52.26% | -177.73% | 0.19x | 1.58x | $-37.32 Million |
| 2022 | 0.00% | -158.61% | 3.37x | 0.00x | $-103.73 Million |
| 2023 | 8.36% | 60.96% | 0.12x | 1.14x | $-7.77 Million |
| 2024 | 42.26% | 599.60% | 0.06x | 1.09x | $327.43 Million |
Industry Comparison
This section compares American Bitcoin Corp's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $196,021,426
- Average return on equity (ROE) among peers: -9.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Bitcoin Corp (ABTC) | $575.45 Million | -58.95% | 1.02x | $204.84 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |