Eric Trump-Backed American Bitcoin Readies For Q4 Earnings Amid 87% Decline In ABTC Stock Since Market Debut

Benzinga
Yesterday

Trump family-backed American Bitcoin Corp. (NASDAQ:ABTC)  is set to announce its fourth-quarter and full-year 2025 earnings before the market opens on Thursday. A quick overview of what’s going on with the company and its stock.

Beat or Miss Ahead?

Analysts project the firm to report earnings per share of $0.01 and a quarterly revenue of $79.64 million, a 24% increase quarter over quarter. Notably, American Bitcoin more than doubled revenue and increased gross margin from 49% to 56% in the previous quarter.

Roth Capital and H.C. Wainwright & Co. both initiated coverage of the ABTC stock with a “Buy” rating, converging on a $4 price target.

Technical Indicators Paint A Bullish Picture

The Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset's price, flashed a "Buy" signal for ABTC, according to TradingView. The Commodity Channel Index, which measures the difference between the current price and the historical average price, also signaled a "Buy." 

The Bull Bear Power indicator stayed "Neutral," indicating a balance between buyers and sellers.

Growing BTC Reserve Fails To Lift Stock

American Bitcoin, a majority-owned subsidiary of Hut 8 Corp. (NASDAQ:HUT), started trading on the Nasdaq Exchange in September of last year.

The company is building its own strategic Bitcoin (CRYPTO: BTC) reserve and currently holds 6,039 BTC, worth $392 million, according to Bitcointreasuries.net. Unlike high-profile peers such as Strategy Inc. (NASDAQ:MSTR), American Bitcoin also produces fresh BTC via in-house mining.

However, the stock has tumbled 87% since its Wall Street debut, weighed down by Bitcoin's bear market and the expiration of its lock-up period, which enabled early investors to sell their shares and realize profits.

Eric Trump, co-founder and Chief Strategy Officer at American Bitcoin, commands a 7.4% stake through ownership of 68.43 million shares, according to the most recent 13D filing. His elder brother, Donald Trump Jr., is also listed as a shareholder.

Price Action: At the time of writing, BTC was exchanging hands at $64,889, up 2.90% in the last 24 hours, according to data from Benzinga Pro.

American Bitcoin shares closed 5.13% higher at $1.02 during Tuesday’s regular trading session. Benzinga’s Edge Stock Rankings highlight a weaker price trend across short-, medium-, and long-term.

Photo courtesy: Shutterstock

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