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Stock impact report

Jim Cramer on American Bitcoin: “This is a Total Spec” [Yahoo! Finance]

American Bitcoin Corp. - Class A (ABTC) 
Company Research Source: Yahoo! Finance
“Okay, this is a total spec, as you know. It's a, it's very inexpensive, I mean dollar amount, but it may be an expensive actual amount because it doesn't have any earnings. It's a spec. It's your one spec. As I say in How to Make Money in Any Market, you're entitled to one spec. That's it. But that could lose everything. Just as long as you know that, that's fine.” Pixabay/Public Domain American Bitcoin Corp (NASDAQ:ABTC) develops a bitcoin infrastructure platform and operates as a subsidiary of Hut 8 Corp. The company was listed on the Nasdaq on September 3 under the ticker ABTC and is backed by Eric and Donald Trump Jr. Furthermore, it began trading at $6.90 per share following an all-stock merger with Gryphon Digital Mining. While we acknowledge the potential of ABTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Show less Read more
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