American Bitcoin Inc. has expanded its Bitcoin reserves to over 7,300 BTC, valued at approximately $592 million, making it the 16th largest corporate Bitcoin holder globally. In the first quarter of 2026, the company mined and purchased nearly 1,600 bitcoins, despite a 22% decline in Bitcoin prices. This aggressive accumulation strategy is notable as many mining companies typically slow purchases during price drops. The company reported a significant improvement in mining efficiency, reducing the average mining cost per bitcoin to about $36,000, a 23% decrease from the previous quarter. This efficiency helped maintain a strong gross margin of nearly 52%. Despite a revenue drop to $62 million due to weaker Bitcoin prices, American Bitcoin continues to expand its infrastructure, increasing its mining rigs to approximately 89,242 with a total hash rate of about 28.1 EH/s. The company remains focused on scaling its operations and accumulating Bitcoin ahead of the next market cycle.