American Bitcoin Corp (ABTC) Stock Price & Analysis
American Bitcoin Corp (ABTC) closed at USD 7.51 on Friday, October 23, 2026, down 5.53% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 7.95; the Oct 23, 2026 session ranged USD 7.48–8.06 on volume of 865,526 shares. Market capitalization is $546.88M, with a 52-week range of USD 4.92–97.2 (NCM). Source: Nexqual, retrieved October 26, 2026 at 07:09 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ABTC.md
Key facts (ABTC)
- Last four reported quarters (through Jun 30, 2026): revenue $272M, net income -$195M (-71.7% margin) (SEC filings).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $2.3M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.75 on a 1–5 scale) (4 analysts), mean target USD 16.75 (range 14–22).
- Total return with dividends: 1Y -91.1% vs S&P 500 +13.4%; 5Y -100.0% vs S&P 500 +76.9%.
- Next earnings: 2026-11-04, EPS estimate USD 0.27, revenue estimate $74.3M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ABTC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $17.6M | $10.5M | $65.0M | $71.5M | $185M | $272M |
| Gross profit | $10.2M | $5.5M | $3.4M | $32.0M | $93.2M | — |
| Operating income | -$33.1M | -$43.1M | $6.2M | $484M | -$228M | -$290M |
| Net income | -$31.3M | -$79.1M | $39.6M | $429M | -$153M | -$195M |
| EPS (diluted) | -$36600.00 | -$40992.00 | $0.60 | $7.35 | -$2.55 | — |
| Free cash flow | -$8.2M | -$10.9M | -$57.9M | -$60.6M | — | — |
| Gross margin | 57.8% | 53.0% | 5.3% | 44.8% | 50.3% | — |
| Operating margin | -187.8% | -412.0% | 9.6% | 676.7% | -123.1% | -106.6% |
| Net margin | -177.7% | -755.9% | 61.0% | 599.6% | -82.7% | -71.7% |
| Revenue growth | — | -40.7% | +521.3% | +10.1% | +158.8% | — |
| Cash + short-term investments | $12.6M | $502K | $1.3M | $850K | — | — |
| Total debt | $17.3M | $14.6M | $20.0M | $5.4M | — | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ABTC)
P/S 2.0x · P/B 0.8x · Earnings yield -35.64%
P/E at fiscal year-ends: Dec 2024 4.2x, Dec 2023 979.3x.
Insider purchases (SEC Form 4, open-market, last ~7 months) (ABTC)
2 purchases, $2.3M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-05…2026-08-06 | Mateen Justin | Director | 306,981 | $1.9M | 6.29 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-15 | Busch Richard | Director | 450,000 | $392K | 0.87 | Too little history (no open-market trades in 2023 or 2024) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (ABTC)
Consensus Buy (mean 1.75 on a 1–5 scale), 4 analysts; mean target USD 16.75 (low 14, high 22).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Maxim Group | Target raised | Buy | $15 → $16 |
| 2026-09-16 | BTIG | Initiated | Buy | $15 |
| 2026-07-21 | Maxim Group | Initiated | Buy | $15 |
Total return (dividends reinvested) (ABTC)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -91.1% | -100.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -91.2% | -84.4% |
| Volatility (annualized) | 105.3% | 130.4% |
| Max drawdown | -94.2% (Oct 2025→Jul 2026) | -100.0% (Nov 2021→Jul 2026) |
Companies that name ABTC in their SEC reports
| Relationship to ABTC | Company | Filing | Sentence |
|---|---|---|---|
| partner | Dominari Holdings Inc. (DOMH) | 10-K Mar 31, 2026 | “merger agreement with American Bitcoin Corp. to form a combined company that would operate under the brand American Bitcoin and be led” |
| partner | Hut 8 Corp. (HUT) | 10-K Feb 25, 2026 | “American Bitcoin anchors this approach under long-term commercial agreements pursuant to which we are its exclusive infrastructure development and operating partner.” |
ABTC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.27 | $0.00 | — | $74.3M | 2 |
| Next quarter (ends Dec 2026) | $0.10 | $0.00 | — | $84.3M | 2 |
| Current fiscal year (ends Dec 2026) | $-0.14 | $0.00 | — | $287.8M | 2 |
| Next fiscal year (ends Dec 2027) | $0.89 | $0.00 | — | $378.0M | 2 |
ABTC options: expected move
Options price a move of about ±18.1% (±$1.38) by Nov 6, 2026, which includes earnings on Nov 4, 2026; the earnings reaction alone is priced at about ±10.0%. Over the last 8 reports the stock moved ±6.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 5 | 105.1% | ±11.5% |
| Nov 6, 2026 | 12 | 117.0% | ±18.1% |
| Nov 13, 2026 | 19 | 117.2% | ±23.4% |
| Nov 20, 2026 | 26 | 110.0% | ±24.1% |
| Nov 27, 2026 | 33 | 104.4% | ±26.7% |
| Dec 18, 2026 | 54 | 114.4% | ±33.0% |
| Jan 15, 2027 | 82 | 105.3% | ±39.9% |
| Mar 19, 2027 | 145 | 107.2% | ±52.8% |
30-day implied volatility 107.1% vs 95% realized over the last 30 trading days. Put/call ratio (volume) 1.74. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 26, 2026 at 07:09 UTC)
| Price | USD 7.51 |
|---|---|
| Change | ▼ 5.53% (down) |
| Previous Close | USD 7.95 |
| Open | USD 7.89 |
| Day Range | USD 7.48 – 8.06 |
| 52-Week Range | USD 4.92 – 97.2 |
| Volume | 865,526 shares |
| Market Cap | $546.88M |
| Exchange | NCM |
Technical Analysis (ABTC)
Nexqual's technical model rates ABTC "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 26, 2026 at 07:09 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 44.38 (neutral) |
| vs SMA50 | Below (USD 8.36) |
| MACD | -0.19 (negative) |
Analyst Ratings (ABTC)
Wall Street analysts rate ABTC "Buy" based on 4 analysts, with a mean price target of USD 16.75 (range USD 14–22), per Nexqual as of October 26, 2026 at 07:09 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 16.75 |
| High Target | USD 22 |
| Low Target | USD 14 |
| Buy / Hold / Sell | 4 / 0 / 0 |
Earnings (ABTC)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.27 |
| Revenue Estimate | $74.35M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.8 vs est 0 ▼ miss |
| 2026-03-31 | USD -1.76 vs est 0.08 ▼ miss |
| 2025-12-31 | USD -1.64 vs est 0.23 ▼ miss |
Source: Nexqual, October 26, 2026 at 07:09 UTC.
Financials & Fundamentals (ABTC)
| Total Revenue | $271.67M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +121.30% |
| Gross Margin | +52.66% |
| Operating Margin | -110.54% |
| Profit Margin | -71.75% |
| ROE | -38.53% |
| Debt / Equity | 0.31 |
| Current Ratio | 0.19 |
| Total Cash | $20.13M |
| Total Debt | $205.14M |
Source: Nexqual, October 26, 2026 at 07:09 UTC.
Financial Health Score (ABTC)
Nexqual rates American Bitcoin Corp's overall financial health "Mixed" across five dimensions, as of October 26, 2026 at 07:09 UTC.
| Growth | Strong — Revenue +159% YoY (annual) |
|---|---|
| Profitability | Critical — Net margin -83% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Finance Services) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Finance Services) |
| Efficiency | Critical — ROE -39%, ROA -20.6% |
Ownership (ABTC)
| Insider Ownership | +3.66% |
|---|---|
| Institutional Ownership | +30.04% |
| Shares Outstanding | 24.00M |
| Float | 23.33M |
| Short % of Float | +17.04% |
Source: Nexqual, October 26, 2026 at 07:09 UTC.
Leadership (ABTC)
American Bitcoin Corp is led by Michael Ho, CEO & Director, per Nexqual as of October 26, 2026 at 07:09 UTC.
| CEO & Director | Michael Ho |
|---|---|
| Executive Chairman | Asher Kevin Genoot |
| Co-Founder & Chief Strategy Officer | Eric F. Trump |
| Interim CFO & Head of Derivatives | Paul Sacks |
Major Backers & Investors (ABTC)
Notable institutional backers of American Bitcoin Corp include Charles Schwab Investment Management, Inc., Charles Schwab, Fidelity, according to Nexqual as of October 26, 2026 at 07:09 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Charles Schwab Investment Management, Inc. | 2.45% |
| Charles Schwab | 2.44% |
| Fidelity | 1.99% |
| Citadel | 0.87% |
| Renaissance Technologies | 0.85% |
| Kingsbury Capital Investment Advisors LLC | 0.79% |
| Kmt Wealth Management, LLC | 0.66% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 1.72% |
| Geode Capital | 0.89% |
| Vanguard Group | 0.87% |
Source: Nexqual, October 26, 2026 at 07:09 UTC.
From American Bitcoin Corp's Latest SEC 10-K Filing (filed 2026-03-27)
Key Strengths & Strategy (as disclosed to the SEC)
- During 2022 and early 2023, some well-known digital asset market participants, including Celsius Network, Voyager Digital Ltd., Three Arrows Capital, and Genesis Global Holdco LLC, declared bankruptcy, resulting in a loss of confidence in participants of the digital asset ecosystem, negative publicity surrounding digital assets more broadly, decreased liquidity, and extreme price volatility.
Partnerships
- On March 31, 2025, in connection with the Contributions, Historical ABTC entered into an Exclusivity Agreement with Hut 8 (the "Exclusivity Agreement"), to which we are a successor in connection with the Mergers.
- As of December 31, 2025, we had two full-time employees, as well as a Shared Services Agreement with Hut 8.
Legal & Regulatory Risks (Item 1A, quoted)
- Regulatory changes reclassifying Bitcoin as a security could lead to our classification as an "investment company" under the Investment Company Act of 1940 and could adversely affect the market price of Bitcoin and the market price of our listed securities.
- Our interactions with a blockchain may expose us to specially designated nationals or blocked persons and new legislation or regulation could adversely impact our business or the market for digital assets.
- We may be subject to substantial environmental or energy regulation and may be adversely affected by legislative or regulatory changes.
- We may be involved in legal proceedings from time to time, which could adversely affect us.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
| MIAX | Miami International Holdings, I | USD 33.98 | ▼ 2.89% |
| LAZ | Lazard, Inc. | USD 37.21 | ▼ 0.24% |
| MC | Moelis & Company | USD 54.53 | ▼ 0.96% |
| PIPR | Piper Sandler Companies | USD 64.63 | ▼ 1.39% |
| RIOT | Riot Platforms, Inc. | USD 12.53 | ▼ 2.79% |
| VIRT | Virtu Financial, Inc. | USD 55.93 | ▼ 0.57% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 26, 2026 at 07:09 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt