The current stock price of ABTC is 1.53 USD. In the past month the price decreased by -17.74%.
ChartMill assigns a fundamental rating of 3 / 10 to ABTC. While ABTC seems to be doing ok healthwise, there are quite some concerns on its profitability.
Over the last trailing twelve months ABTC reported a non-GAAP Earnings per Share(EPS) of -2.46. The EPS increased by 96.23% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -0.66% | ||
| ROE | -1.33% | ||
| Debt/Equity | 0 |
8 analysts have analysed ABTC and the average price target is 4.08 USD. This implies a price increase of 166.67% is expected in the next year compared to the current price of 1.53.
For the next year, analysts expect an EPS growth of 96.27% and a revenue growth 771.89% for ABTC
American Bitcoin Corp. engages in the management of a bitcoin accumulation platform. The company is headquartered in Miami, Florida and currently employs 3 full-time employees. The company went IPO on 2018-02-21. The firm's operations include bitcoin mining sites, bitcoin mining pools, and protection of bitcoin assets. The firm 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). The company 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. The company provides computing power to mining pools, which use this computing power to operate nodes and validate blocks on the blockchain. The company uses third-party custody solutions, including Coinbase Custody and Anchorage Digital Bank N.A., to safeguard its Bitcoin, mainly in cold storage wallets.
AMERICAN BITCOIN CORP-A
1101 Brickell Avenue, Suite 1500
Miami FLORIDA US
Employees: 3
Phone: 13052246427
American Bitcoin Corp. engages in the management of a bitcoin accumulation platform. The company is headquartered in Miami, Florida and currently employs 3 full-time employees. The company went IPO on 2018-02-21. The firm's operations include bitcoin mining sites, bitcoin mining pools, and protection of bitcoin assets. The firm 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). The company 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. The company provides computing power to mining pools, which use this computing power to operate nodes and validate blocks on the blockchain. The company uses third-party custody solutions, including Coinbase Custody and Anchorage Digital Bank N.A., to safeguard its Bitcoin, mainly in cold storage wallets.
The current stock price of ABTC is 1.53 USD. The price decreased by -1.92% in the last trading session.
ABTC does not pay a dividend.
ABTC has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
AMERICAN BITCOIN CORP-A (ABTC) operates in the Information Technology sector and the Software industry.
The Revenue of AMERICAN BITCOIN CORP-A (ABTC) is expected to grow by 771.89% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.