Company: ABTC
Filing Date: 2025-08-06
Form Type: S-3
Source: 0001213900-25-072233
Chunk: 21

Company: American Bitcoin Corp.
Filing Date: 2025-08-06
Form: S-3
Chunk 21
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and such distribution has been distributed to the holders of depositary receipts.

Withdrawal of Preferred Stock

Except as may be provided
otherwise in an accompanying prospectus supplement, upon surrender of depositary receipts at the principal office of the Bank Depositary,
subject to the terms of the depositary agreement, the owner of the depositary shares may demand delivery of the number of whole shares
of preferred stock and all money and other property, if any, represented by those depositary shares. Partial shares of preferred stock
will not be issued. If the depositary receipts delivered by the holder evidence a number of depositary shares in excess of the number
of depositary shares representing the number of whole shares of preferred stock to be withdrawn, the Bank Depositary will deliver to such
holder at the same time a new depositary receipt evidencing the excess number of depositary shares. Holders of withdrawn preferred stock
may not thereafter deposit those shares under the depositary agreement or receive depositary receipts evidencing depositary shares therefor.

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Description
of Debt Securities</div>

We may offer debt securities
in one or more series, which may be senior debt securities or subordinated debt securities and which may be convertible into another security.

The following description
briefly sets forth certain general terms and provisions of the debt securities. The particular terms of the debt securities offered by
any prospectus supplement and the extent, if any, to which the following general terms and provisions may apply to the debt securities,
will be described in an accompanying prospectus supplement. Unless otherwise specified in an accompanying prospectus supplement, our debt
securities will be issued in one or more series under an indenture to be entered into between us and the trustee to be named therein.
A form of the indenture is attached as an exhibit to the registration statement of which this prospectus forms a part. The terms of the
debt securities will include those set forth in the indenture and those made a part of the indenture by the Trust Indenture Act of 1939,
as amended (“TIA”). You should read the summary below, any accompanying prospectus supplement and the provisions of
the indenture in their entirety before investing in our debt securities.

The aggregate principal amount
of debt securities that may be issued under the indenture is unlimited. The prospectus supplement relating to any series of debt securities
that we may offer will contain the specific terms of the debt securities. These terms may include, among others, the following