Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 105

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 105
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 or from Bitcoin exchanges, Bitcoin -relatedcompanies or service providers or servicing or maintaining accounts for persons or entities transacting in Bitcoin; •changes in consumer demographics and public tastes and preferences; •the maintenance and development of the open -sourcesoftware protocol of the network, including software updates and changes to network protocols that could introduce bugs or security risks; •the increased consolidation of contributors to the Bitcoin blockchain through mining pools; •the availability and popularity of other forms or methods of buying and selling goods and services, including new means of using fiat currencies; •the use of the networks supporting digital assets for developing smart contracts and distributed applications; •general economic conditions and the regulatory environment relating to digital assets; •environmental restrictions on the use of power to mine Bitcoin and a resulting decrease in global Bitcoin mining operations; •an increase in Bitcoin transaction costs and a resultant reduction in the use of and demand for Bitcoin; and •negative consumer sentiment and perception of Bitcoin specifically and digital assets generally. The outcome of these factors could have negative effects on ABTC’s business, financial condition and results of operations as well as potentially negative effect on the value of any Bitcoin that ABTC mines or otherwise acquires or holds for its own account, which would harm investors in ABTC’s securities. ABTC’s reliance on third-party mining pool service providers, including Foundry and Luxor, for its mining revenue payouts may have a negative impact on ABTC’s business, financial condition and results of operations. ABTC receives Bitcoin rewards from its mining activity through third -partymining pool operators, including Foundry and Luxor. Mining pools allow Bitcoin miners to combine their processing power, increasing their chances of solving a block and getting paid by the network. ABTC provides computing power to mining pools, which use this computing power to operate nodes and validate blocks on the blockchain. The pools then distribute ABTC’s pro -ratashare of Bitcoin mined to ABTC based on the computing power ABTC contributes. Under ABTC’s mining pool agreements with Foundry and Luxor, ABTC’s daily payout is calculated based on ABTC’s hashrate contribution delivered to the pool in the applicable calculation period, after deducting the applicable pool fee, if any. ABTC’s pool fee in relation to these agreements is currently below 1.0% of ABTC’s daily payout. Should one of ABTC’s pool operator’s systems suffer downtime due to a cyberattack, software malfunction or other similar issues, it will negatively impact ABTC’s ability to mine and receive Bitcoin mining