American Bitcoin (NASDAQ:ABTC) Research Coverage Started at HC Wainwright

HC Wainwright assumed coverage on shares of American Bitcoin (NASDAQ:ABTC) in a research report sent to investors on Monday morning, MarketBeat reports. The firm issued a buy rating and a $4.00 price target on the stock. HC Wainwright also issued estimates for American Bitcoin’s Q4 2025 earnings at $0.02 EPS and FY2026 earnings at $0.07 EPS.

ABTC has been the topic of a number of other reports. Weiss Ratings restated a “sell (d)” rating on shares of American Bitcoin in a research report on Monday, December 29th. Roth Mkm assumed coverage on shares of American Bitcoin in a report on Wednesday, December 10th. They issued a “buy” rating and a $4.00 target price on the stock. Finally, Wall Street Zen raised American Bitcoin from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.00.

American Bitcoin Trading Down 5.2%

ABTC stock opened at $1.28 on Monday. The stock’s 50 day simple moving average is $1.91 and its 200 day simple moving average is $4.63. American Bitcoin has a 12-month low of $0.63 and a 12-month high of $14.65. The firm has a market cap of $1.19 billion, a P/E ratio of -2.84 and a beta of 3.77.

Insider Buying and Selling at American Bitcoin

In other news, Director Richard Busch acquired 101,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were purchased at an average cost of $1.98 per share, for a total transaction of $199,980.00. Following the transaction, the director directly owned 1,000,975 shares in the company, valued at $1,981,930.50. This trade represents a 11.22% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 15.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. CWM LLC raised its holdings in shares of American Bitcoin by 1,031.4% during the fourth quarter. CWM LLC now owns 17,062 shares of the company’s stock valued at $29,000 after buying an additional 15,554 shares during the last quarter. Procyon Advisors LLC acquired a new stake in American Bitcoin in the 4th quarter valued at approximately $43,000. CWA Asset Management Group LLC acquired a new stake in American Bitcoin in the 4th quarter valued at approximately $46,000. Quent Capital LLC bought a new stake in American Bitcoin during the 3rd quarter valued at $52,000. Finally, Bank of America Corp DE acquired a new position in American Bitcoin during the 3rd quarter worth $61,000. Institutional investors own 10.21% of the company’s stock.

About American Bitcoin

Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp., is based in DENVER.