A new filing shows two directors of Bitcoin mining company American Bitcoin (ABTC) bought more company shares after the earnings blackout period ended.
Here’s the simple breakdown:
Justin Mateen bought around 1.3 million shares (avg price near $1)
Richard Busch bought around 330,000 shares in the last 2 days
Total insider buying: ~1.63 million shares
ABTC had recently reported a ~$59M loss in Q4 2025, so these purchases are being seen as insiders showing confidence even after a weak quarter.
Another key point shared by co-founder Eric Trump:
ABTC holds 6,500+ BTC, about 500 more BTC than the last update
They follow a “mining + direct buying” strategy
Around 1/3 BTC from mining
Rest bought from the market / strategic trades
They also announced buying 11,298 new ASIC miners, which could increase their hash rate by about 12%.
Also, Eric Trump and Donald Trump Jr. reportedly hold around 20% of the company.
This is not a price prediction — just an update on insider buying + the company’s Bitcoin strategy.
