ABTC Directors Buy 1.63 Million Shares After Q4 2025 Net Loss of $59 Million

Two directors at American Bitcoin (ABTC), a Bitcoin mining firm backed by the Trump family, purchased about 1.63 million shares after the earnings disclosure window reopened on March 5, ChainThink reports. Justin Mateen acquired roughly 1.3 million shares at an average price of around $1, while Richard Busch bought about 330,000 shares over two days, following the company's reported net loss of approximately $59 million for Q4 2025. Cofounder Eric Trump said ABTC now holds more than 6,500 Bitcoin—about 500 more than previously disclosed—ranking it 17th globally among publicly listed companies by Bitcoin holdings, and noted the firm uses a dual approach of mining and direct purchases, with around one-third mined and the rest acquired via market and strategic transactions. The company also announced the acquisition of 11,298 ASIC miners expected to lift its hash rate by about 12%, while Eric Trump and Donald Trump Jr. together hold a 20% stake in ABTC.