Company: ABTC
Filing Date: 2025-09-03
Form Type: 424B5
Source: 0001213900-25-083737
Chunk: 40

Company: American Bitcoin Corp.
Filing Date: 2025-09-03
Form: 424B5
Chunk 40
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 represented
by depositary shares will be deposited under a depositary agreement between us and a bank or trust company that meets certain requirements
and is selected by us (the “Bank Depositary”). Each owner of a depositary share will be entitled to all the rights
and preferences of the preferred stock represented by the depositary share.

The description in an accompanying
prospectus supplement of any depositary shares we offer will not necessarily be complete and will be qualified in its entirety by reference
to the applicable depositary agreement, which will be filed with the SEC if we offer depositary shares. For more information on how you
can obtain copies of any depositary agreement if we offer depositary shares, see “Where You Can Find More Information.” We
urge you to read the applicable depositary agreement and any accompanying prospectus supplement in their entirety.

Dividends and Other Distributions

If we pay a cash distribution
or dividend on a series of preferred stock represented by depositary shares, the Bank Depositary will distribute such dividends to the
record holders of such depositary shares. If the distributions are in property other than cash, the Bank Depositary will distribute the
property to the record holders of the depositary shares. However, if the Bank Depositary determines that it is not feasible to make the
distribution of property, the Bank Depositary may, with our approval, sell such property and distribute the net proceeds from such sale
to the record holders of the depositary shares.

Redemption of Depositary Shares

If we redeem a series of preferred
stock represented by depositary shares, the Bank Depositary will redeem the depositary shares from the proceeds received by the Bank Depositary
in connection with the redemption. The redemption price per depositary share will equal the applicable fraction of the redemption price
per share of the preferred stock. If fewer than all the depositary shares are redeemed, the depositary shares to be redeemed will be selected
by lot or pro rata as the Bank Depositary may determine.

Voting the Preferred Stock

Upon receipt of notice of
any meeting at which the holders of the preferred stock represented by depositary shares are entitled to vote, the Bank Depositary will
mail the notice to the record holders of the depositary shares relating to such preferred stock. Each record holder of these depositary
shares on the record date, which will be the same date as the record date for the preferred stock, may instruct the Bank Depositary as
to how to vote the preferred stock represented by