American Bitcoin (Nasdaq: ABTC) has announced its goal to expand its mining capacity to 50 exahashes per second (EH/s), with 25 EH/s currently installed. The company, which went public on Nasdaq in September 2025, has increased its Bitcoin reserves to over 4,000 BTC by the end of the third quarter. Operating under an asset-light model, American Bitcoin partners with Hut 8, leveraging Bitcoin as collateral to finance new miner acquisitions. In its third-quarter financial results, American Bitcoin reported $64.2 million in revenue and a 56% gross margin. The company's adjusted EBITDA nearly doubled, reaching $27.7 million, reflecting its strategic growth and operational efficiency.