Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 566

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 566
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 ASU 2023 -07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures(“ASU 2023 -07”). ASU 2023 -07is intended to enhance reportable segment disclosures by requiring disclosures of significant segment expenses regularly provided to the Chief Operating Decision Maker (“CODM”), the title and position of the CODM, and an explanation of how the reported measures of segment profit and loss are used by the CODM in assessing segment performance and allocation of resources. ASU 2023 -07is effective for ABTC for annual periods beginning after December 31, 2023; early adoption is permitted. ABTC adopted ASU 2023 -07on January 1, 2024, on a retrospective basis to all periods presented and this adoption did not have a material impact to the Combined Financial Statements. In August 2023, the FASB issued ASU No. 2023 -05, Business Combinations — Joint Venture Formations (Subtopic 805 -60 ): Recognition and Initial Measurement(“ASU 2023 -05”). ASU 2023 -05addresses the accounting for contributions made to a joint venture and requires contributions received by a joint venture to be measured at fair value upon formation. ASU 2023 -05is designed to provide useful information to investors and reduce diversity in accounting practice. The new standard is effective for ABTC for its fiscal year beginning January 1, 2025; early adoption is permitted. ABTC is currently evaluating the impact of adopting the standard. F-103

American Bitcoin Corp.
Notes to the Audited Combined Financial Statements Note 2. Significant accounting policies and recent accounting pronouncements (cont.) In December 2023, the FASB issued ASU No. 2023 -08, Intangibles — Goodwill and Other — Crypto Assets (Subtopic 350 -60): Accounting for and Disclosure of Crypto Assets (“ASU 2023 -08”). The amendments in ASU No. 2023 -08are intended to improve the accounting for certain crypto assets by requiring an entity to measure those crypto assets at fair value each reporting period with changes in fair value recognized in net income. The amendments also improve the information provided to investors about an entity’s crypto asset holdings by requiring disclosure about significant holdings, contractual sale restrictions, and changes during the reporting period. The amendments are effective for all entities for fiscal years beginning after December 15, 2024, including interim periods