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) - Total Assets
Latest total assets as of September 2025: $1.16 Billion USD
Based on the latest financial reports, American Bitcoin Corp (ABTC) holds total assets worth $1.16 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
American Bitcoin Corp - Total Assets Trend (2020–2024)
This chart illustrates how American Bitcoin Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
American Bitcoin Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
American Bitcoin Corp's total assets of $1.16 Billion consist of 13.8% current assets and 86.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $53.08 Million | 4.8% |
Asset Composition Trend (2020–2024)
This chart illustrates how American Bitcoin Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: American Bitcoin Corp's current assets represent 13.8% of total assets in 2024, a decrease from 29.2% in 2020.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 23.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 68.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 4.8% of total assets.
American Bitcoin Corp Competitors by Total Assets
Key competitors of American Bitcoin Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
American Bitcoin Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - American Bitcoin Corp generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, American Bitcoin Corp generates $ 38.77 in net profit.
American Bitcoin Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.07 | 0.06 | 0.23 |
| Quick Ratio | 0.07 | 0.06 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-137.20 Million | $ -24.72 Million | $ -23.10 Million |
American Bitcoin Corp - Advanced Valuation Insights
This section examines the relationship between American Bitcoin Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.86 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 105.5% |
| Total Assets | $1.11 Billion |
| Market Capitalization | $204.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values American Bitcoin Corp's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: American Bitcoin Corp's assets grew by 105.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for American Bitcoin Corp (2020–2024)
The table below shows the annual total assets of American Bitcoin Corp from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.11 Billion | +105.45% |
| 2023-12-31 | $538.52 Million | +2666.11% |
| 2022-12-31 | $19.47 Million | -79.39% |
| 2021-12-31 | $94.48 Million | +22.44% |
| 2020-12-31 | $77.17 Million | -- |