
American Bitcoin Corp. (NASDAQ:ABTC – Free Report) – Stock analysts at HC Wainwright issued their Q3 2026 earnings per share estimates for American Bitcoin in a report released on Monday, October 12th. HC Wainwright analyst M. Colonnese forecasts that the company will earn $2.86 per share for the quarter. HC Wainwright currently has a “Buy” rating and a $22.00 target price on the stock. HC Wainwright also issued estimates for American Bitcoin’s Q4 2026 earnings at $0.21 EPS and FY2026 earnings at $1.24 EPS.
American Bitcoin (NASDAQ:ABTC – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.80) earnings per share (EPS) for the quarter. American Bitcoin had a negative net margin of 71.75% and a negative return on equity of 29.89%. The company had revenue of $67.01 million for the quarter.
Check Out Our Latest Research Report on ABTC
American Bitcoin Stock Up 7.0%
Shares of NASDAQ ABTC opened at $8.66 on Wednesday. American Bitcoin has a 1-year low of $4.92 and a 1-year high of $97.20. The business’s fifty day moving average price is $8.21 and its two-hundred day moving average price is $11.04.
Insider Transactions at American Bitcoin
In other American Bitcoin news, Director Justin Mateen acquired 162,438 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average cost of $6.19 per share, with a total value of $1,005,491.22. Following the acquisition, the director directly owned 492,297 shares of the company’s stock, valued at $3,047,318.43. This represents a 49.24% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.57% of the stock is owned by company insiders.
Institutional Trading of American Bitcoin
Several hedge funds have recently added to or reduced their stakes in ABTC. Integrated Wealth Concepts LLC boosted its position in American Bitcoin by 44.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 49,517 shares of the company’s stock worth $34,000 after acquiring an additional 15,321 shares during the period. Kingsbury Capital Investment Advisors LLC grew its stake in shares of American Bitcoin by 142.1% in the second quarter. Kingsbury Capital Investment Advisors LLC now owns 2,391,091 shares of the company’s stock worth $1,629,000 after purchasing an additional 1,403,547 shares in the last quarter. PCG Wealth Advisors LLC grew its stake in shares of American Bitcoin by 78.2% in the second quarter. PCG Wealth Advisors LLC now owns 1,222,358 shares of the company’s stock worth $833,000 after purchasing an additional 536,325 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of American Bitcoin during the second quarter valued at $273,000. Finally, Maripau Wealth Management LLC acquired a new position in shares of American Bitcoin during the first quarter valued at $38,000. Institutional investors own 10.21% of the company’s stock.
American Bitcoin News Roundup
Here are the key news stories impacting American Bitcoin this week:
- Positive Sentiment: HC Wainwright initiated coverage with a Buy rating and a $22 price target, implying substantial upside from the recent $8.66 share price. The analyst projects 2027 EPS of $1.64, with quarterly estimates ranging from $0.39 to $0.43. This is the clearest near-term catalyst for ABTC because it provides institutional validation and a significantly higher valuation target. American Bitcoin HC Wainwright coverage
- Positive Sentiment: Analyst commentary highlights American Bitcoin’s relatively strong mining economics. One analysis described ABTC as the lowest-cost listed miner in the second quarter and said it generated approximately $26 million in cash profit despite difficult industry conditions. Efficient operations could help the company benefit disproportionately if Bitcoin prices or mining margins improve. American Bitcoin mining economics analysis
- Neutral Sentiment: Recent trading activity has been stronger than average, suggesting increased investor interest following the analyst coverage. However, ABTC remains well below its 52-week high, and its 200-day moving average is above the recent share price, indicating that the stock is still in a longer-term downtrend.
- Negative Sentiment: A separate valuation analysis rates ABTC as a Buy but assigns a more conservative $11 target. It argues that the market is valuing the mining business at little or nothing because of potential shareholder dilution, related-party fees paid to Hut 8 and liquidity constraints. These issues could limit the benefit of the company’s Bitcoin holdings and reduce the stock’s upside. American Bitcoin valuation analysis
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.
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