American Bitcoin (NASDAQ:ABTC) Raised to Strong-Buy at Maxim Group

Posted by Stanley Muller on Jul 23rd, 2026

American Bitcoin (NASDAQ:ABTC – Get Free Report) was upgraded by research analysts at Maxim Group to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

ABTC has been the subject of several other reports. Zacks Research upgraded American Bitcoin from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Weiss Ratings reissued a “sell (d)” rating on shares of American Bitcoin in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, American Bitcoin has a consensus rating of “Moderate Buy” and a consensus target price of $45.00.

Check Out Our Latest Report on ABTC

American Bitcoin Trading Down 5.7%

NASDAQ:ABTC opened at $6.10 on Tuesday. The firm has a 50-day moving average price of $11.40 and a two-hundred day moving average price of $15.97. American Bitcoin has a twelve month low of $5.04 and a twelve month high of $217.80. The company has a market capitalization of $432.49 million, a P/E ratio of -0.81 and a beta of 3.81.

American Bitcoin (NASDAQ:ABTC – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($1.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($1.35). The business had revenue of $62.12 million for the quarter, compared to analyst estimates of $74.85 million. American Bitcoin had a negative return on equity of 29.72% and a negative net margin of 69.42%.

Institutional Trading of American Bitcoin

Several hedge funds and other institutional investors have recently bought and sold shares of ABTC. HUB Investment Partners LLC purchased a new position in shares of American Bitcoin during the 2nd quarter worth $114,000. Moore Capital Management LP purchased a new stake in shares of American Bitcoin in the second quarter valued at $88,000. Tidal Investments LLC purchased a new stake in shares of American Bitcoin in the second quarter valued at $87,000. Vident Advisory LLC purchased a new stake in shares of American Bitcoin in the second quarter valued at $965,000. Finally, JPMorgan Chase & Co. acquired a new position in American Bitcoin in the third quarter valued at $192,000. 10.21% of the stock is owned by hedge funds and other institutional investors.