Busch Richard, an insider at American Bitcoin Corp (ABTC), recently purchased 1,000,975 shares of the company stock at a price of $1.98 per share, resulting in a total transaction value of $1.98 million. Following this acquisition, Richard holds a total of 1,000,975 shares in the company.
American Bitcoin Corp, headquartered in Miami, Florida, operates in the technology sector and manages a bitcoin accumulation platform. The firm engages in bitcoin mining across four sites and employs three full-time staff members. As of November 20, 2025, the company boasts a market cap of $4.4 billion, with a trailing twelve-month earnings per share (EPS) of -0.57. Upcoming earnings reports are anticipated on May 13, 2026, and August 12, 2026, with estimated EPS of $0.01 and revenues of $87.6 million and $84.7 million, respectively.
Insider buying can be seen as a positive signal, as executives typically have insight into their company’s operations. However, it is essential for investors to consider insider transactions as just one piece of the puzzle. Analyzing patterns of activity among multiple insiders over time can provide a more comprehensive view of the company's outlook. Insider transactions must be reported to the SEC, offering transparency into how executives perceive their stock, but they should not be the sole basis for investment decisions.