American Bitcoin says its treasury surpasses 8,000 BTC, citing a 52% Q1 mining profit margin

American Bitcoin said its bitcoin holdings have surpassed 8,000 BTC. The company said it mined at a 52% profit margin in Q1. It added that it continues to add BTC to its treasury while maintaining one of the lowest SG&A ratios in the industry. The disclosure is a corporate treasury update and does not involve a new token, a protocol upgrade or a regulatory change.