Company: ABTC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076632
Chunk: 43

Company: American Bitcoin Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 43
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    $
    917,000

    $
    917,000

    $
    -

    $
    -

    Balance as of December 31, 2024  
    Quoted Prices in Active Markets for Identical Assets (Level 1)  
    Significant Other Observable Inputs (Level 2)  
    Significant Unobservable Inputs (Level 3) 
  
    Assets: 

    Marketable securities 
    $115,000  
    $115,000  
    $        -  
    $        - 
  
    Digital assets 
    $1,016,000  
    $1,016,000  
    $-  
    $- 

The Company determines the
fair value of its assets and liabilities based on the quoted market prices as of June 30, 2025 and December 31, 2024. For the
marketable securities the market value is based on the quoted market price on the US exchange. For digital assets, the
Company used the quoted market price per Coinbase.

NOTE 11 - SUBSEQUENT EVENTS

The Company has evaluated
all events that occurred after the balance sheet date through the date when the financial statements were issued to determine if they
must be reported. The management of the Company determined there are no reportable events for the six months ended June 30, 2025, except
for the following.

Common stock issuances

Subsequent
to June 30, 2025, the Company issued 7,220,135 shares of common stock for net proceeds of approximately $8,505,000
in connection with the ATM.

On July 14, 2025, upon vesting of time-based equity
awards issued to members of the Board, 825,250 shares of common stock were issued pursuant to the 2024 Omnibus Incentive Plan.

The Company regained compliance with Nasdaq listing rules on June 6, 2025,
and subsequently, on July 31, 2025, issued 557,228 shares of common stock upon vesting of RSUs granted to Mr. Gutterman under his employment
agreement.

On June 19, 2023, Mr. Salzman was granted a time-based
equity grant of 675,058 shares of common stock pursuant to his employment agreement. On August 1, 2025, the last tranche of 112,510 shares
vested.