Company: ABTC
Filing Date: 2025-09-03
Form Type: 424B5
Source: 0001213900-25-083737
Chunk: 28

Company: American Bitcoin Corp.
Filing Date: 2025-09-03
Form: 424B5
Chunk 28
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 herein) and proposed multi-class structure of our capital structure; |

| ● | the ability to compete with existing and new competitors in 
 existing and new markets and offerings;                     |

| ● | our ability to access the capital markets for any long-term        
 funding not provided by operating cash flows and cash on hand; and |

| ● | the expectations regarding the effects of existing and developing 
 laws and regulations.                                             |

The following factors or events,
among others, could cause actual results to differ materially from those described in the forward-looking statements:

| ● | the risk that the conditions to the closing of the Mergers                                                          
 are not satisfied, including the failure to timely or at all, obtain stockholder approvals relating to the Mergers; |

| ● | uncertainties as to the timing of the closing of the Mergers; |

| ● | changes in our financial or operating performance or more                                    
 generally due to broader stock market movements and the performance of peer group companies; |

| ● | competitive pressures in the markets in which we operate; |

| ● | changes in laws or regulations |

| ● | changes in general economic conditions; and |

| ● | the other important factors discussed in our Annual Report,                                                                  
 any subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K, as updated by our subsequent filings under the 
 Exchange Act.                                                                                                                |

We operate in a competitive
and rapidly changing environment. The risks and uncertainties described and referred to above are not exhaustive and further information
concerning us and our business, including factors that potentially could materially affect our business, financial condition, or operating
results, may emerge from time to time. You should read this prospectus, any accompanying prospectus supplement and any documents incorporated
by reference with the understanding that our actual future results, performance and achievements may be materially different from what
we expect. We qualify all of our forward-looking statements with these cautionary statements and urge you not to place undue reliance
on any forward-looking statements. The forward-looking statements in this prospectus, any accompanying prospectus supplement and any documents
incorporated by reference, speak only as of the date of such document. Except as required by law, we do not assume any obligation to update
or revise these forward-looking statements for any reason, even if new information becomes available in the future.

<div align='center'>iv

The
Company</div>

General

Traditionally, Gryphon’s
revenue model was to mine and hold Bitcoin and