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BTIG initiates coverage on American Bitcoin Corp. with Buy rating

BTIG initiated coverage of American Bitcoin Corp. on September 16 with a Buy rating and a $15 price target. Shares were up about 1% in premarket trading.

ABTC

BTIG started coverage of American Bitcoin Corp. (NASDAQ: ABTC) on September 16 with a Buy rating and a $15 price target, implying the stock could nearly double from its recent close near $8. The shares were up about 1% in premarket trading after the call, a muted move for the company.