Company: ABTC
Filing Date: 2025-09-03
Form Type: 424B5
Source: 0001213900-25-083737
Chunk: 12

Company: American Bitcoin Corp.
Filing Date: 2025-09-03
Form: 424B5
Chunk 12
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 book value per share after giving effect to this offering |     |   |      |     | $ | 1.92 |
| Dilution in pro forma net tangible book value per share to investors in this offering        |     |   |      |     | $ | 4.98 |

The table above assumes for
illustrative purposes that an aggregate of $2,100,000,000 in shares of our Class A common stock are sold at a price of $6.90 per share,
the last reported sale price of our Class A common stock on Nasdaq on September 2, 2025, giving effect to the Reverse Stock Split. The
shares sold in this offering, if any, will be sold from time to time at various prices. An increase of $1.00 per share in the price at
which the shares of our Class A common stock are sold from the assumed offering price of $6.90 per share shown in the table above, assuming
all of our Class A common stock in the aggregate amount of $2,100,000,000 is sold at that price, would increase our pro forma as-adjusted
net tangible book value per share after the offering to $1.98 per share and would increase the dilution in pro forma net tangible book
value per share to investors participating in this offering to $5.92 per share. A decrease of $1.00 per share in the price at which the
shares of our Class A common stock are sold from the assumed offering price of $6.90 per share shown in the table above, assuming all
of our Class A common stock in the aggregate amount of $2,100,000,000 is sold at that price, would decrease our pro forma net tangible
book value per share after the offering to $1.84 per share and would decrease the dilution in pro forma net tangible book value per share
to investors participating in this offering to $4.06 per share.

<div align='center'>S-7</div>

The information discussed
above is illustrative only and will adjust based on the actual public offering prices and other terms of this offering determined at the
time of sale.

The table and discussion above
are based on 908,331,161 shares of our Class A common stock and Class B common stock outstanding as of June 30, 2025, pro forma, after
giving effect to the Mergers and the Reverse Stock Split, and exclude:

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