American Bitcoin (ABTC) stock has plummeted 62% in a month to $1.85, creating a stark contrast between market sentiment and internal fundamentals.
š¹ While the stock is falling, ABTC hold 4,783 BTC, having gained 416 $BTC in just one week. The Q3 financial result were very positive Revenue surged to $64.2 million with a net profit of $3.5 million compared to a previous loss.
šø Roth Capital remains optimistic, although it close ties to Trump linked SPAC raise questions about it objectivity. Eric Trump confirms he is not selling, focusing on the 17% Satoshis per share growth.
Is this a discounted price for a profitable mining company, or a sharp drop driven by market sentiment?
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