American Bitcoin Corp Falls 41.62% on Bitcoin Exposure Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 02 Dec 25
American Bitcoin Corp's stock dropped 41.62%, hitting a 52-week low amid rising investor concerns about its leveraged exposure to Bitcoin.
Veteran investor Ross Gerber has warned that the company's risky business model could jeopardize its survival, echoing sentiments from economist Peter Schiff regarding the sustainability of such strategies. The company recently announced a $1.44 billion reserve to manage financial stability during Bitcoin's downturn.
As Bitcoin's value continues to fluctuate, American Bitcoin Corp's stock performance has lagged behind other companies in the sector, raising questions about its long-term viability.
Analyst Views on ABTC
Wall Street analysts forecast ABTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABTC is 4.00 USD with a low forecast of 4.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.570
Low
4.00
Averages
4.00
High
4.00
Current: 1.570
Low
4.00
Averages
4.00
High
4.00
About ABTC
American Bitcoin Corp., formerly Gryphon Digital Mining, Inc., is a Bitcoin accumulation company. The Company's operations include bitcoin mining sites, bitcoin mining pools, and protection of bitcoin assets. The Company operates Bitcoin Miners at four sites under Master Colocation Services Agreement (MCSA): Alpha (Niagara Falls, NY); Salt Creek (Orla, TX); Medicine Hat (Medicine Hat, AB), and Vega (Texas Panhandle). It receives Bitcoin mining rewards from its mining activity through third-party mining pool operators, Foundry and Luxor. Mining pools allow Bitcoin miners to combine their processing power, increasing their chances of solving a block and getting paid by the network. It provides computing power to mining pools, which use this computing power to operate nodes and validate blocks on the blockchain. It uses third-party custody solutions, including Coinbase Custody and Anchorage Digital Bank N.A., to safeguard its Bitcoin, mainly in cold storage wallets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
