American Bitcoin Corp (ABTC) AI Stock Analysis

• Market Cap: $1.45B
• Dividend Yield: N/A
• Average Volume (3M): 4.93M
• Price to Earnings (P/E): ―
• Beta (1Y): 5.45
• 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: 1.09
• Enterprise Value/Revenue: 19.30
• Enterprise Value/Gross Profit: 82.20
• Enterprise Value/Ebitda: -19.16
• 1Y Price Target: $4.00
• Price Target Upside: 159.74% 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: $1.50 ▼(-2.60% Downside)

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 & Bitcoin accumulation

Large Q3 asset accumulation and expanded mining output indicate durable scale advantages: higher BTC reserves and production capacity improve revenue optionality and lower per-BTC costs over time, supporting resilience through mining cycle volatility.

Manageable leverage

Relatively low debt levels provide financial flexibility to fund capex, expand mining capacity, or absorb BTC price swings without immediate refinancing pressure, reducing solvency risk and enabling strategic investments over the medium term.

Significant TTM revenue growth

Sustained trailing revenue growth reflects rising mining output and trading activity, supporting scale economies. If maintained, revenue expansion can underpin future margin recovery, fund reinvestment, and strengthen competitive positioning in a capital-intensive industry.

Negative Factors

Persistent negative profitability

Chronic negative margins signal structural cost or pricing issues in mining and trading operations. Without sustainable margin improvement, revenue growth alone may not translate to lasting earnings or reinvestment capacity, limiting long-term shareholder value creation.

Weak operating and free cash flow

Negative operating and free cash flow point to cash burn from operations and investment needs. This undermines the firm's ability to self-fund mining expansion or weather low BTC price periods, increasing reliance on external financing and raising dilution or refinancing risk.

Balance sheet volatility & negative equity periods

Episodes of negative equity and historical balance-sheet volatility reduce creditworthiness and limit strategic optionality. Persistent equity swings can restrict access to capital, increase borrowing costs, and amplify vulnerability during industry downturns or sudden BTC price drops.

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

Despite strong TTM revenue growth and relatively low leverage, the company shows persistent negative profitability (gross profit, EBIT, EBITDA, and net margins) and negative operating/free cash flow. Balance sheet volatility (including periods of negative equity) adds financial risk.

Income Statement

American Bitcoin Corp shows significant revenue growth in the TTM period, but profitability metrics are concerning. The company has negative gross profit, net profit, EBIT, and EBITDA margins, indicating operational inefficiencies and high costs relative to revenue. Historical data shows fluctuating revenue growth rates and persistent negative margins, suggesting challenges in achieving sustainable profitability.

Balance Sheet

The balance sheet reflects a mixed picture. The debt-to-equity ratio is relatively low, indicating manageable leverage, but the negative equity in some periods is a concern. Return on equity is positive in the TTM period, suggesting some profitability relative to equity, but historical volatility in equity levels and returns indicates financial instability.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, with a high free cash flow to net income ratio in the TTM period, indicating cash flow challenges. Although there is a positive free cash flow growth rate, the overall cash flow position remains weak, with negative operating cash flow coverage ratios historically.

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: 1.54
• 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 1.54 is below the 20-day moving average (MA) of 1.72, below the 50-day MA of 2.34, and below the 200-day MA of 4.67, indicating a bearish trend. The MACD of -0.22 indicates Negative momentum. The RSI at 32.01 is Neutral, neither overbought nor oversold. The STOCH value of 26.94 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
RIOT	70 Outperform	$6.53B	50.39	5.24%	―	103.62%	49.48%
MKTX	70 Outperform	$6.27B	28.67	15.88%	1.66%	3.96%	-20.33%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MARA	64 Neutral	$3.92B	5.46	23.13%	―	53.51%	112.53%
BTBT	64 Neutral	$699.14M	5.44	22.44%	―	9.52%	496.04%
CIFR	56 Neutral	$7.49B	-92.91	-9.69%	―	35.41%	-38.08%
ABTC	42 Neutral	$1.45B	-2.06	-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.