Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 358

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 358
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 | ) |     | (17.4 | )          |
| Salaries and wages                        |     |   |   646,000 |     |   |   233,000 |     |        |  413,000 |   |     | 177.3 |            |
| Insurance expense                         |     |   |   150,000 |     |   |   141,000 |     |        |    9,000 |   |     |   6.4 |            |
| Corporate stock expense                   |     |   |    49,000 |     |   |         — |     |        |   49,000 |   |     | 100.0 |            |
| Other expenses                            |     |   |   279,000 |     |   |   152,000 |     |        |  127,000 |   |     |  83.6 |            |
| Total general and administrative expenses |     | $ | 3,000,000 |     | $ | 2,461,000 |     | $      |  539,000 |   |     |  21.9 | %          |

Professional fees increased to $1,143,000 for the three months ended March 31, 2025, from $1,048,000 for the three months ended March 31, 2024. The increase of $95,000 relates to an increase in (i) accounting fees of approximately $12,000 and (ii) legal fees of approximately $83,000.

202

Investor and public relations expenses decreased to $733,000 for the three months ended March 31, 2025, from $887,000 for the three months ended March 31, 2024. The decrease is due to a decline in the use of consultants by the Company’s for its public exposure. Included in the $733,000 investor and public relations expenses for the three months ended March 31, 2025 and 2024 was approximately $109,000 and $0, respectively, of non -cashexpense related to the fair value of common stock issued to consultants. Salaries and wages increased to $646,000 for the three months ended March 31, 2025, from $233,000 for the three months ended March 31, 2024. The increase of $413,000 is due (i) a first quarter 202