ABTC Should I Buy
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American Bitcoin Corp (ABTC) is not a strong buy for a beginner, long-term investor at this time. While the company has positive exposure to Bitcoin and a strong growth in revenue, the stock's technical indicators are bearish, and its financial performance shows significant declines in net income, EPS, and gross margin. Additionally, there are no strong proprietary trading signals or significant trading trends to support an immediate buy decision.
The stock is in a bearish trend with SMA_200 > SMA_20 > SMA_5. The RSI_6 is at 16.45, indicating the stock is oversold. MACD is slightly positive but contracting. Key support levels are at 1.041 and 0.965, with resistance at 1.285 and 1.361. The stock is trading below the pivot level of 1.163.
The company reached a milestone of holding over 6,000 BTC, valued at $409 million.
Analysts have initiated coverage with a Buy rating and a $4 price target, citing exposure to Bitcoin and strategic growth opportunities.
The company is listed on Nasdaq and has potential for further scale and reserve expansion.
The stock price has been declining, with a -1.92% regular market change and bearish moving averages.
Financial performance shows a significant drop in net income (-158.42% YoY), EPS (-100% YoY), and gross margin (-142.23% YoY).
No significant hedge fund or insider trading trends, and no recent Congress trading data.
In Q3 2025, revenue increased by 1640.85% YoY to $64.22M. However, net income dropped by -158.42% YoY to $3.48M, EPS fell to 0 (-100% YoY), and gross margin decreased to 32.27 (-142.23% YoY).
Analysts from H.C. Wainwright and Roth Capital have initiated coverage with a Buy rating and a $4 price target. They highlight the company's exposure to Bitcoin, strategic growth opportunities, and infrastructure capabilities.
