Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 580

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 580
---
 |     |      | 282,998 |     |                    5,648 |     | 6,704 |
| Total non-current digital assets – held in custody        |     | $      | 525,236 |     | $    | 282,998 |     |                    5,648 |     | 6,704 |
| Non-current                                               |     |        |         |     |      |         |     |                          |     |       |
| Bitcoin pledged as collateral                             |     |        | 331,876 |     |      | 100,550 |     |                    3,555 |     | 2,382 |
| Total non-current digital assets – pledged as collateral  |     |        | 331,876 |     |      | 100,550 |     |                    3,555 |     | 2,382 |
| Total digital assets                                      |     | $      | 949,501 |     | $    | 388,131 |     |                   10,171 |     | 9,195 |

F-113

American Bitcoin Corp.
Notes to the Audited Combined Financial Statements Note 5. Digital assets (cont.) In November 2024, Parent entered into the BITMAIN Purchase Agreement, with BITMAIN to purchase approximately 30,000 BITMAIN Antminer S21+ ASIC miners. In December 2024, Parent completed its Bitcoin pledge by depositing 968 Bitcoin into a segregated wallet with BITMAIN, which remains subject to a three -monthredemption right from the shipment date of the purchased ASIC miners, whereby Parent has the option to repurchase, with cash, the pledged Bitcoin at a mutually agreed upon fixed price. If Parent does not exercise this right within the redemption period, BITMAIN will retain full ownership of the pledged Bitcoin as consideration for the purchased ASIC miners. As of December 31, 2024, Parent had pledged 968 Bitcoin with a fair value of $92.4 million, classified as Digital assets — pledged for miner purchaseunder current assets on its Consolidated Balance Sheets. A corresponding Miner purchase liability of $15.1 million was recorded under Accounts payable and accrued expensesunder current liabilities on ABTC’s Combined Balance Sheets, reflecting its obligation to either redeem the pledged Bitcoin for cash or put it towards the purchase of ASIC miners by not redeeming the pledged Bitcoin at the end of the redemption period. In accordance with ASC Topic 610 -20 Other Income — Gains and Losses from the