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Anchor Labs, Inc. and Anchorage Lending CA, LLC, both entities with director and over 10% ownership in American Bitcoin Corp (NASDAQ:ABTC), sold a combined total of 2,534,490 shares of Class A Common Stock on September 3, 2025. The sales, executed in multiple trades, generated approximately $20.1 million. The transactions come as ABTC shares have shown strong momentum, with a 19% gain over the past six months and currently trading at $37.10, near its 52-week high of $40.91.
The sales prices ranged from $6.89 to $9.48 per share. Specifically, 1,250,170 shares were sold at a weighted average price of $7.36, 1,103,035 shares were sold at a weighted average price of $8.45, and 181,285 shares were sold at a weighted average price of $9.20. According to InvestingPro, ABTC has demonstrated high price volatility, with 13 key insights available for subscribers.
Following these transactions, Anchorage Lending CA, LLC directly owns 1 share of American Bitcoin Corp. The stock has maintained positive momentum, posting a 7.41% return year-to-date.
In other recent news, American Bitcoin Corp. has significantly expanded its Bitcoin mining operations, increasing its installed hashrate from approximately 10 exahash per second to 24 EH/s. This expansion was achieved through the acquisition and energization of about 14 EH/s across 16,300 ASIC servers. Additionally, American Bitcoin Corp. has launched a $2.1 billion at-the-market equity program, signing an agreement with several financial institutions to offer and sell its Class A common stock. Meanwhile, Gryphon Digital Mining has filed an update with the SEC regarding its pending merger with American Bitcoin Corp., providing further details about the financial condition and results of operations of the involved companies.
AlphaTON Capital Corp., formerly known as Portage Biotech Inc., has announced a strategic move to acquire $100 million in TON tokens as part of its rebranding efforts. The company aims to transform into a digital asset treasury focused on the Telegram ecosystem. Alongside this initiative, AlphaTON Capital has appointed Brittany Kaiser as its new CEO and board member. Kaiser, known for her expertise in digital assets, will lead the company’s strategy to build a TON token reserve, offering public market investors access to Telegram’s ecosystem.
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