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Crypto

Jones Trading Pumps American Bitcoin to $14.00 Target

Guavy AI Editorial Team
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BTC ABT
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Jones Trading initiated coverage on American Bitcoin Corp (ABTC) with a buy rating and a price target of $14.00, citing several factors supporting its bullish outlook.

The firm pointed to Bitcoin's store-of-value proposition and the mining advantage from American Bitcoin's relationship with Hut 8, which spun out American Bitcoin in September 2025.

Jones Trading noted capital allocation benefits from the Hut 8 relationship, as well as the company's operating under an 'American' label tied to the Trump brand.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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