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There are more equity unlocks in 2026 for American Bitcoin, according to Brian Dobson, a managing director at Clear Street, adding that share selloffs are typical after such periods.
“Given the outsized impact on the shares that today’s expiration had, I believe that investors would likely pay close attention to upcoming lockup expirations,” Dobson said.
Investor sentiment on crypto has soured as broader macroeconomic factors weighed on risk assets.Credit: Bloomberg
However, for the next events shareholders “would likely be more judicious in their selling of shares,” he added.
Spun out of Hut 8 earlier this year, American Bitcoin saw its shares surge initially on the announced mining venture. Hut 8, which still owns a majority…
