Ho Michael bought ABTC
December 30, 2025 · Form 4 insider transaction
Ho Michael bought 23,199,205 shares of American Bitcoin Corp at $1.40 per share, a transaction worth $32.48M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Shares of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock"), of American Bitcoin Corp., a Delaware corporation (the "Issuer"), are convertible into an equal number of shares of Class A Common Stock, par value $0.0001 per share, of the Issuer for no additional consideration at any time at the option of the holder.; Represents shares of Class B Common Stock purchased in a privately negotiated transaction which is expected to close on or about January 20, 2026, subject to satisfaction of customary closing conditions.; The reported securities are held by a limited liability company ("LLC"). The Reporting Person and Asher Genoot are the managing members of the LLC and, as such, have voting and investment discretion with respect to, and may be deemed to have beneficial ownership of, the securities held by the LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.