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H.C. Wainwright Initiates American Bitcoin Coverage With Buy Rating

H.C. Wainwright assumed coverage of American Bitcoin with a Buy rating and set a $22 price target, according to TheFly.

ABTC

C. Wainwright described the company as a “pure-play Bitcoin accumulation platform” and set a $22 price target. C. Wainwright initiated coverage with a Buy rating, according to an investor note cited by TheFly.