Crypto Firm Tied to Trumps See Shares Sink After Lockup Ends [Yahoo! Finance Canada]
American Bitcoin Corp. - Class A (ABTC)
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg The selloff was swift. Shares lost more than half of their value in less than 30 minutes as the equity lockup expired, triggering repeated trading halts. The stock pared declines later in the trading session, falling 35% to $2.33 as of 2:30 p.m. in New York. Shares from a private placement that took place before American Bitcoin merged with Gryphon Digital Mining Inc. became available on Tuesday, according to the crypto miner and a post on the social media platform X by Trump. “We expect near term volatility as those shares come to market and as some investors take the opportunity to realize gains,” Matt Prusak, president of American Bitcoin, said in a statement. Crypto firms have often seen large declines after the end of share lockup periods or announcing private investment in public equity filings, as their largely retail investor base takes it as a signal to sell. Retail traders often fear that those early investors will want to lock in their gain
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ABTC
News
- American Bitcoin: A High-Flying Mining Story With A Valuation That's Running Out Of Road [Seeking Alpha]Seeking Alpha
- Massive Sell-Off In Eric Trump-Associated Bitcoin Stock: Falls 40% To $1.80 [Yahoo! Finance]Yahoo! Finance
- American Bitcoin (ABTC) Is Down 43.1% After Pre-Merger Share Unlock Triggers Heavy Selling And Halts [Yahoo! Finance]Yahoo! Finance
- American Bitcoin (NASDAQ:ABTC) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- American Bitcoin steadies after share lock-up expiry sparks near 40% plunge [Yahoo! Finance]Yahoo! Finance
ABTC
Sec Filings
- 11/20/25 - Form SCHEDULE
- 11/14/25 - Form 8-K
- 11/14/25 - Form 10-Q
- ABTC's page on the SEC website