American Bitcoin Director Invests $1.9 Million to Increase Company Stock Holdings

TechFlow News, August 11, according to Cryptopolitan, the stock price of American Bitcoin (NASDAQ: ABTC), a Bitcoin mining company affiliated with the Trump family, rose about 10% in a single day on Monday, from $6.47 to $7.11. The trigger for this rebound was disclosed in regulatory filings: Company director and Tinder co-founder Justin Mateen purchased a total of 306,981 shares consecutively over two days from August 5 to 6, totaling approximately $1.93 million, marking the largest insider purchase within the past 12 months.