American Bitcoin ABTC
NASDAQ ABTC
$10.10 +1.27 (+14.38%)
At close: Sep 18, 2026 · 4:00 PM EDT

American Bitcoin (ABTC) Research & Development (2018 - 2023)

American Bitcoin (ABTC) posted Research & Development of $181775.0 for Q4 2023, down 71.99% on a QoQ basis from $649070.0 in Q3 2023, and down 69.07% year-over-year from $587738.0 in Q4 2022.

Analysis

American Bitcoin (ABTC) Research & Development (2018 - 2023) Analysis & Trends

American Bitcoin has reported Research & Development for 6 years, with the latest figure at $181775.0 in Q4 2023.

  • On a quarterly basis, Research & Development fell 69.07% year-over-year to $181775.0 in Q4 2023; TTM through Dec 2023 was $2.3 million, a 58.12% decrease from a year earlier, with the FY2023 full-year figure at $2.3 million, down 58.09% from the prior year.
  • Research & Development was $181775.0 for Q4 2023 at American Bitcoin, down from $649070.0 in the prior quarter.
  • The five-year high for Research & Development was $6.3 million in Q3 2020, with the low at -$863099.0 in Q4 2019.
  • Average Research & Development over 5 years is $1.9 million, with a median of $1.8 million recorded in 2019.
  • The sharpest annual moves came in 2019 and 2020: Research & Development tumbled 180.29% in 2019, then soared 555.11% in 2020.
  • Over 5 years, Research & Development stood at -$863099.0 in 2019, then jumped by 555.11% to $3.9 million in 2020, then slumped by 45.42% to $2.1 million in 2021, then sank by 72.58% to $587738.0 in 2022, then sank by 69.07% to $181775.0 in 2023.
  • The last three Research & Development figures came in at $181775.0 (Q4 2023), $649070.0 (Q3 2023), and $659287.0 (Q2 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bitmine Immersion Technologies 56.68 Bn 56.34 Bn 40.81 Mn -
2 Iren 35.52 Bn 27.95 Bn 103.89 Mn -
3 Hut 8 12.16 Bn 5.68 Bn 48.04 Mn -
4 Riot Platforms 8.98 Bn 8.43 Bn 84.97 Mn -
5 Argo Blockchain 5.95 Bn 5.95 Bn - -
6 MARA Holdings 5.06 Bn 4.70 Bn - 7.17 Mn
7 Cleanspark 3.72 Bn 3.51 Bn - -
8 Bitdeer Technologies 3.06 Bn 2.59 Bn -8.53 Mn -36.05 Mn
9 Keel Infrastructure 2.47 Bn 2.47 Bn -86.75 Mn -
10 American Bitcoin 721.97 Mn 698.62 Mn -40.07 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 181,775.00
Sep 30, 2023 649,070.00
Jun 30, 2023 659,287.00
Mar 31, 2023 845,478.00
Dec 31, 2022 587,738.00
Sep 30, 2022 959,186.00
Jun 30, 2022 1.98 Mn
Mar 31, 2022 2.05 Mn
Dec 31, 2021 2.14 Mn
Sep 30, 2021 2.00 Mn
Jun 30, 2021 1.83 Mn
Mar 31, 2021 1.74 Mn
Dec 31, 2020 3.93 Mn
Sep 30, 2020 6.26 Mn
Jun 30, 2020 4.16 Mn
Mar 31, 2020 2.04 Mn
Dec 31, 2019 -863,099.00
Sep 30, 2019 1.84 Mn
Jun 30, 2019 4.62 Mn
Mar 31, 2019 1.00 Mn