American Bitcoin Corp (ABTC) AI Stock Analysis

• Market Cap: $1.77B
• Dividend Yield: N/A
• Average Volume (3M): 4.93M
• Price to Earnings (P/E): ―
• Beta (1Y): 5.36
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 3
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.00
• Shares Outstanding: 195,380,100
• 10 Day Avg. Volume: 2,708,817
• 30 Day Avg. Volume: 4,928,932
• PEG Ratio: <0.01
• Price to Book (P/B): 1.80
• Price to Sales (P/S): 25.53
• P/FCF Ratio: -20.36
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $4.00
• Price Target Upside: 109.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: $2.00 ▲(4.71% Upside)

The score is held down primarily by weak financial performance (negative margins and cash flow) and bearish technical signals (below key moving averages with negative MACD). Valuation is not supportive due to losses (negative P/E), partially offset by a positive recent corporate event highlighting operational scale and results.

Positive Factors

Operational scale & strategic positioning

Reported substantial bitcoin mining and acquisitions demonstrate durable operational scale. Scale lowers unit costs, improves bargaining with energy/tech partners, and enables inventory accumulation. This structural capability enhances competitive positioning across multi-month crypto cycles.

Diversified crypto revenue streams

Multiple revenue pillars—mining rewards, trading, investment products and management fees—plus tech and energy partnerships reduce reliance on any single income source. This structural diversification smooths revenue volatility and supports resilience over 2–6 months.

Manageable leverage

Relatively low debt provides financial flexibility to fund miner deployments or weather price shocks without excessive interest burden. Lower structural leverage supports access to capital for growth and reduces refinancing risk during continued negative profitability periods.

Negative Factors

Persistent negative profitability

Sustained negative gross, operating and net margins show revenue growth is not translating into profits. Structural cost or efficiency issues erode long-term sustainability, forcing reliance on external capital and challenging the firm's ability to achieve self-funded growth.

Negative operating & free cash flow

Ongoing negative operating and free cash flows mean the company cannot internally fund capex or expansion. Reliance on external financing raises dilution or leverage risks, constraining the firm's ability to scale mining operations or maintain equipment over the medium term.

Balance sheet volatility & negative equity episodes

Episodes of negative equity and volatile equity levels indicate past losses exceed capital cushions, weakening creditor confidence and raising refinancing difficulty. Structural equity volatility increases dilution likelihood and limits strategic flexibility during downturns.

American Bitcoin Corp Business Overview & Revenue Model

Company Description

A Bitcoin accumulation and mining company formed via the merger of American Data Centers and Hut 8’s mining division. It aims to maximize Bitcoin held per share through a dual strategy combining scaled mining operations with opportunistic Bitcoin purchases. The company began trading on Nasdaq in September 2025 following its merger with Gryphon Digital Mining.

How the Company Makes Money

ABTC generates revenue primarily through Bitcoin mining operations, where it earns Bitcoin rewards for validating transactions on the blockchain. This is supplemented by income from trading activities, where the company profits from buying and selling cryptocurrencies at favorable prices. Additionally, ABTC has established partnerships with technology providers and energy companies to enhance operational efficiency and reduce costs, which contributes positively to its overall profitability. The company may also earn revenue through management fees on investment products and advisory services offered to clients looking to enter the cryptocurrency market.

American Bitcoin Corp Financial Statement Overview

Summary

Gryphon Digital Mining faces substantial financial challenges with negative profitability metrics and a precarious balance sheet. Despite some improvement in cash flow, the overall financial health is weak, requiring careful management.

Income Statement

Gryphon Digital Mining has experienced volatility in revenue and profitability. The revenue growth from 2023 to 2024 was significant, but the company has struggled to maintain consistent gross profit margins. Both EBIT and EBITDA margins are negative, indicating operational challenges. The net profit margin remains negative, highlighting ongoing financial difficulties.

Balance Sheet

The company's balance sheet shows signs of instability, with negative stockholders' equity indicating a potential risk of insolvency. The absence of debt in 2024 suggests a reduction in leverage, but the negative equity position raises concerns about financial health. The equity ratio is negative, underscoring the precarious financial position.

Cash Flow

Gryphon Digital Mining's cash flow statement reflects some positive changes, such as a significant increase in operating cash flow in 2024. However, free cash flow remains negative, and the company has faced challenges in generating consistent cash flows. The operating cash flow to net income ratio indicates substantial cash flow relative to net losses, suggesting potential for improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	81.78M	71.54M	64.98M	65.70M	17.63M	15.65M
Gross Profit	19.20M	32.03M	21.37M	23.31M	5.02M	5.35M
EBITDA	-82.36M	519.59M	44.03M	-67.58M	-26.63M	-29.50M
Net Income	-102.00M	428.94M	39.61M	-104.21M	-31.33M	-33.91M
Balance Sheet
Total Assets	1.16B	1.11B	538.52M	19.47M	94.48M	77.17M
Cash, Cash Equivalents and Short-Term Investments	7.98M	92.39M	4.58M	7.88M	13.09M	18.34M
Total Debt	185.61M	5.60M	44.36M	14.61M	17.30M	15.60M
Total Liabilities	587.37M	91.33M	64.73M	24.29M	34.53M	19.64M
Stockholders Equity	575.45M	1.02B	473.78M	-4.83M	59.95M	57.53M
Cash Flow
Free Cash Flow	-84.97M	-89.71M	-56.93M	-119.50M	-8.21M	-8.72M
Operating Cash Flow	-85.53M	-54.03M	-55.97M	-72.58M	-8.17M	-8.71M
Investing Cash Flow	-274.36M	-66.59M	62.72M	24.30M	-10.49M	-7.14M
Financing Cash Flow	368.65M	120.62M	-6.76M	48.27M	14.74M	9.53M

American Bitcoin Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.91
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABTC, the sentiment is Negative. The current price of 1.91 is above the 20-day moving average (MA) of 1.81, below the 50-day MA of 3.27, and below the 200-day MA of 4.61, indicating a neutral trend. The MACD of -0.36 indicates Negative momentum. The RSI at 36.78 is Neutral, neither overbought nor oversold. The STOCH value of 59.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ABTC.

American Bitcoin Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MKTX	68 Neutral	$6.27B	28.71	15.88%	1.66%	3.96%	-20.33%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
RIOT	64 Neutral	$5.63B	44.92	5.24%	―	103.62%	49.48%
MARA	64 Neutral	$3.95B	5.78	23.13%	―	53.51%	112.53%
BTBT	64 Neutral	$715.32M	5.70	22.44%	―	9.52%	496.04%
CIFR	56 Neutral	$6.54B	-86.88	-9.69%	―	35.41%	-38.08%
ABTC	42 Neutral	$1.77B	-2.55	-2.75%	―	―	―

American Bitcoin Corp Corporate Events

American Bitcoin Corp Reports Strong Q3 2025 Results

On November 4, 2025, Hut 8 Corp, the majority owner of American Bitcoin Corp, reported financial results for the periods ending September 30, 2025, revealing significant Bitcoin acquisitions and financial performance metrics. American Bitcoin mined and purchased substantial amounts of Bitcoin, with notable revenue and gross margin figures, reflecting its strategic market positioning and operational scale in the cryptocurrency sector.

The most recent analyst rating on (ABTC) stock is a Sell with a $5.50 price target. To see the full list of analyst forecasts on American Bitcoin Corp stock, see the ABTC Stock Forecast page.