Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 381

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 381
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 have on its business at the date hereof. For additional discussion regarding the potential risks existing and future regulations pose to ABTC’s business, see “ Risk Factors — Risks Related to ABTC — ABTC’s Risks Related to Bitcoin”and “Risk Factors -Risks Related to ABTC — ABTC’s Risks Related to Certain Regulations and Laws, Including Tax Laws.” Facilities ABTC does not currently maintain its own facilities and believes that facilities, to the extent needed to meet future needs, may be obtained on commercially reasonable terms. For more information regarding ABTC’s use of Hut 8’s facilities for Bitcoin mining, please see “— Material Agreements — Master Colocation Services Agreement” elsewhere in this proxy statement/prospectus. Intellectual Property ABTC does not currently have any patents, copyrights or other intellectual property protections, other than trademarks relating to its name and logos. Legal Proceedings ABTC is not presently a party to any legal or regulatory proceedings that in the opinion of its management, if determined adversely to ABTC, would individually or taken together have a material adverse effect on its business, financial condition or results of operations. However, ABTC is subject to regulatory oversight by numerous federal, state, local and other regulators and it may become subject to various legal proceedings, inquiries, investigations and demand letters that arise in the course of its business. 217 ABTC Management’s Discussion and Analysis of
Financial Condition and Results of Operations The following discussion and analysis of our financial condition and results of operations of ABTC should be read together with the combined financial statements and the related notes of ABTC and the other financial information included elsewhere in this proxy statement / prospectus. This discussion contains forward -looking statements that involve risks and uncertainties. ABTC’s actual business, financial condition and results of operations could differ materially from those anticipated in these forward -looking statements as a result of various factors, including those discussed below and elsewhere in this proxy statement / prospectus, particularly under “Risk Factors.” See “Cautionary Statement Concerning Forward -Looking Statements.” ABTC’s historical results are not necessarily indicative of the results that may be expected for any period in the future. Overview ABTC is a purpose -builtBitcoin accumulation vehicle and aims to pursue that goal through a levered strategy that combines efficient Bitcoin mining, disciplined Bitcoin reserve expansion and focused ecosystem engagement. ABTC did not historically operate as a standalone company. Its results of operations reflected herein refer to Hut 8’s Bitcoin mining operations, represented by the “Bitcoin mining” sub -segmentof