American Bitcoin Director Invests $1.9M in ABTC Shares Amid Stock Slump
American Bitcoin Director Justin Mateen made a notable purchase on August 10, 2026, buying $1.9 million in ABTC shares at an average price of $6.29 per share.
This move boosted his holding by 166%, making it the largest single purchase by an American Bitcoin insider in the past twelve months.
Mateen's buy comes against a backdrop of a rough stretch for the company's stock, which has fallen more than 95% from its peak and erased over $600 million from Eric Trump's stake over the past 10 months.