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American Bitcoin Director Invests $1.9M in ABTC Shares Amid Stock Slump

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BTC ABT
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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.

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