American Bitcoin Corp (ABTC) - Net Assets
Based on the latest financial reports, American Bitcoin Corp (ABTC) has net assets worth $665.82 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.25 Billion) and total liabilities ($580.69 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. Check ABTC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $665.82 Million |
| % of Total Assets | 53.41% |
| Annual Growth Rate | 41.68% |
| 5-Year Change | 1010.63% |
| 10-Year Change | N/A |
| Growth Volatility | 91.85 |
American Bitcoin Corp - Net Assets Trend (2018–2025)
This chart illustrates how American Bitcoin Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is American Bitcoin Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for American Bitcoin Corp (2018–2025)
The table below shows the annual net assets of American Bitcoin Corp from 2018 to 2025. For live valuation and market cap data, see American Bitcoin Corp (ABTC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $665.82 Million | -34.41% |
| 2024-12-31 | $1.02 Billion | +176940.94% |
| 2023-12-31 | $-574.00K | +88.10% |
| 2022-12-31 | $-4.83 Million | -108.05% |
| 2021-12-31 | $59.95 Million | +4.20% |
| 2020-12-31 | $57.53 Million | +160.57% |
| 2019-12-31 | $22.08 Million | -61.99% |
| 2018-12-31 | $58.08 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 decreased by 5251648500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $97.00K | 0.01% |
| Other Components | $718.27 Million | 107.88% |
| Total Equity | $665.82 Million | 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 |
|---|---|
|
Satellogic V Inc
NASDAQ:SATL
|
$395.56 Million |
|
Mangalore Chemicals & Fertilizers Limited
NSE:MANGCHEFER
|
$395.72 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
$395.73 Million |
|
Jiangsu Yitong High-tech Co Ltd
SHE:300211
|
$395.82 Million |
|
Brasilagro Adr
NYSE:LND
|
$395.47 Million |
|
Schweiter Technologies AG
LSE:0QR1
|
$395.31 Million |
|
MK Electron Co. Ltd
KQ:033160
|
$395.23 Million |
|
Zhejiang Meilun Elevator Co Ltd
SHG:603321
|
$395.15 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 2024 to 2025, total equity changed from 1,015,067,000 to 665,819,000, a change of -349,248,000 (-34.4%).
- Net loss of 153,171,000 reduced equity.
- New share issuances of 443,023,000 increased equity.
- Other comprehensive income increased equity by 48,347,000.
- Other factors decreased equity by 687,447,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-153.17 Million | -23.0% |
| Share Issuances | $443.02 Million | +66.54% |
| Other Comprehensive Income | $48.35 Million | +7.26% |
| Other Changes | $-687.45 Million | -103.25% |
| Total Change | $- | -34.41% |
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: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $15934.93 | $1.21 | x |
| 2019-12-31 | $7306.48 | $1.21 | x |
| 2020-12-31 | $0.06 | $1.21 | x |
| 2021-12-31 | $0.07 | $1.21 | x |
| 2022-12-31 | $-0.01 | $1.21 | x |
| 2023-12-31 | $0.00 | $1.21 | x |
| 2024-12-31 | $1.12 | $1.21 | x |
| 2025-12-31 | $0.74 | $1.21 | 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): -23.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -82.72%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.87x
- Recent ROE (-23.00%) is below the historical average (-18.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -0.05% | 0.00% | 0.00x | 1.01x | $-5.84 Million |
| 2019 | -55.74% | -112.70% | 0.45x | 1.11x | $-14.51 Million |
| 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 | 0.00% | 60.96% | 3.45x | 0.00x | $39.67 Million |
| 2024 | 42.26% | 599.60% | 0.06x | 1.09x | $327.43 Million |
| 2025 | -23.00% | -82.72% | 0.15x | 1.87x | $-219.75 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: $-678,009,363
- Average return on equity (ROE) among peers: -36.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Bitcoin Corp (ABTC) | $665.82 Million | -0.05% | 0.87x | $395.54 Million |
| Abits Group Inc. (ABTS) | $10.38 Million | -8.98% | 0.10x | $4.02 Million |
| Sphere 3D Corp (ANY) | $1.24 Million | -345.24% | 5.78x | $4.44 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-6.80 Billion | 0.00% | 0.00x | $34.90 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $43.47 Million |
| Solowin Holdings (AXG) | $1.46 Million | -5.68% | 8.37x | $592.51 Million |
| BGC Group Inc. (BGC) | $271.69 Million | 13.29% | 0.10x | $4.05 Billion |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
| Bluemount Holdings Limited Class B Ordinary Shares (BMHL) | $18.73 Million | 4.67% | 4.46x | $49.89 Million |
About 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.