American Bitcoin Corp.

Good afternoon, everyone, and thank you for joining. Today is American Bitcoin's first quarter 2026 earnings call. Following today's prepared remarks, we will open the line for questions. And as a reminder, this session is being recorded and a transcript will be made available on abtc.com. I would now like to turn the call over to American Bitcoin's president and interim chief financial officer, Matt Prusak. Welcome, sir.

Thank you. Good afternoon, everyone, and thank you for joining us today. Before we begin, I would like to remind everyone that during this call, we will make forward-looking statements within the meaning of the federal securities laws. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. For a detailed discussion of the risks and uncertainties that could cause actual results and offense to differ, please refer to our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K for the fiscal year ended December 31, 2025, and the subsequent quarterly report on Form 10-Q. We undertake no obligation to update or revise forward-looking statements to reflect events or circumstances after the date of this call, except as required by law. During this call, we will also discuss certain non-GAAP financial measures, including adjusted EBITDA, A reconciliation of these measures to the most directly comparable GAAP measures is included in our earnings release, which is available on the Investors section of our website and in a Form 8K filed at the SEC.

With that, I would like to turn the call over to Eric Trump, Chief Strategy Officer of American Bitcoin. Eric? Good afternoon, everyone. It's wonderful to have you join us today. Just over a year ago, American Bitcoin did not exist. We launched on March 31st, 2025, and went public on the NASDAQ on September 3rd under a ticker symbol ABTC. Today, just eight months and three days after going public, we now own over 7,300 Bitcoin, own nearly 90,000 miners, and have quickly become one of the largest dedicated Bitcoin accumulation companies anywhere in the world. The pace at which this team has built American Bitcoin is something I'm incredibly proud of. On our last call, I told you we were focused on two races, accumulating the most Bitcoin and doing it at the lowest cost. This quarter, we delivered on both. We mined 817 Bitcoin, more than any quarter in our history, and over one-third of our total Bitcoin mine since we launched this company. The underlying mining business was incredibly profitable, and we did not sell a single coin. Growing our holdings is what matters. We also continue to add to our reserve through disciplined treasury purchases. Our strategic Bitcoin reserves stood at 7,021 at quarter end, up from 5,401 at year end, a growth of more than 1,600 Bitcoin in a single quarter. And we have continued to aggressively accumulate virtually every day since. Lastly, we continue to evaluate opportunities to accelerate our Bitcoin accumulation beyond our core mining and treasury programs, including strategic acquisitions and leveraging our incredibly unique position in this market. Simply put, the fundamentals of what we are building at ABTC have never been stronger. First, we expanded our fleet. Our own fleet now totals nearly 90,000 miners with approximately 28.1 exahash per second of owned capacity, up from roughly 78,000 miners at year end. On the last day of the quarter, we began energizing our Drumheller site, and we're at full capacity by April 22nd. Mike will walk you through those details. Second, our Satoshis per share grew at approximately 20% in quarter one, from 554 at year end to 663 at quarter end. As we speak today, our Satoshis per share is over 690. Every share of American Bitcoin owns substantially more Bitcoin today than it did three months ago. That is our mission, and that is the ABTC story. Third, the institutional adoption of Bitcoin is accelerating at a truly incredible pace. We are seeing this in conversations with investors, in ETF inflows, in financial products and offerings at the largest banks and financial institutions in the country and around the world. Chase, Schwab, BlackRock, Morgan Stanley, and virtually every other, as well as countless sovereign reserve discussions around the globe. American Bitcoin is positioned to be the category leader in this asset class as it continues to accelerate. I want to thank Mike, Matt, Asher, and the entire team at American Bitcoin. The execution has been relentless, and I could not be more proud that we're leading the way right here in the United States of America. Mike will walk you through the details. Go ahead, Mike.