H.C. Wainwright gives a Neutral recommendation for American Bitcoin Corp (ABTC)

American Bitcoin Corp’s recent filing unveils that its Director Anchorage Lending CA, LLC unloaded Company’s shares for reported $20.19 million on Sep 03 ’25. In the deal valued at $7.97 per share,2,534,490 shares were sold. As a result of this transaction, Anchorage Lending CA, LLC now holds 1 shares worth roughly $8.34.

Then, GUTTERMAN STEVEN D. bought 149,086 shares, generating $153,107 in total proceeds.

Before that, Salzman Simeon bought 25,486 shares. American Bitcoin Corp shares valued at $25,807 were divested by the Chief Financial Officer at a price of $1.01 per share.

H.C. Wainwright initiated its American Bitcoin Corp [ABTC] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. Alliance Global Partners began covering ABTC with “Buy” recommendation on December 19, 2019.

Price Performance Review of ABTC

On Monday, American Bitcoin Corp [NASDAQ:ABTC] saw its stock jump 12.70% to $8.34. Over the last five days, the stock has gained 8.31%. American Bitcoin Corp shares have risen nearly 176.94% since the year began. Nevertheless, the stocks have risen 316.27% over the past one year. While a 52-week high of $14.65 was reached on 05/12/25, a 52-week low of $0.63 was recorded on 04/09/25.

Levels Of Support And Resistance For ABTC Stock

The 24-hour chart illustrates a support level at 7.76, which if violated will result in even more drops to 7.18. On the upside, there is a resistance level at 8.70. A further resistance level may holdings at 9.06.

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