# Gryphon Digital Mining, Inc (ABTC)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $742M  
**Price:** $0.82 (-3.85%)

> American Bitcoin Corp., a Bitcoin accumulation platform company, focuses on building a Bitcoin infrastructure platform. The company is engaged in the operation of application-specific integrated circuit miners for the purpose of mining Bitcoin and the strategic accumulation of a Bitcoin reserve. The company is based in Miami, Florida. American Bitcoin Corp. operates as a subsidiary of Hut 8 Corp.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $185M | — | -$228M | -$153M | — |
| 2024 | $72M | — | $484M | $429M | — |
| 2023 | $65M | $3M | $6M | $40M | — |
| 2022 | $10M | $6M | -$43M | -$79M | — |
| 2021 | $18M | $10M | -$33M | -$31M | — |
| 2020 | $13M | $6M | -$17M | -$14M | — |
| 2019 | $11M | $6M | -$13M | -$12M | — |
| 2018 | $10M | $6M | -$2M | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.25B | $581M | $666M | — | — |
| 2024 | $1.11B | $91M | $1.02B | $735,000 | — |
| 2023 | $19M | $19M | $474M | $915,000 | $5M |
| 2022 | $19M | $24M | $27M | $267,000 | $15M |
| 2021 | $94M | $35M | $60M | $13M | $17M |
| 2020 | $59M | $23M | $36M | $24M | — |
| 2019 | $24M | $5M | $19M | $22M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$80M | — | — |
| 2024 | -$54M | $7M | -$61M |
| 2023 | -$56M | $2M | -$58M |
| 2022 | -$11M | $31,884 | -$11M |
| 2021 | -$8M | $39,263 | -$8M |
| 2020 | -$14M | — | — |
| 2019 | -$9M | — | — |
| 2018 | -$4M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/ABTC)