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Richard S. Busch is a seasoned corporate executive serving as a board member of American Bitcoin Corp. (NASDAQ: ABTC), a Bitcoin mining and treasury company formerly known as Gryphon Digital Mining. He holds a significant ownership stake in the firm, currently approximately 1,000,975 shares valued at over $2 million.
Busch has demonstrated strong confidence in American Bitcoin's future through recent insider purchases amid stock volatility. On December 16, 2025, he acquired 175,000 shares at $1.66 each for $290,500, increasing his position by 24.14%. Just days later, on December 22, he bought an additional 101,000 shares at $1.98 each for $199,980, boosting his holdings by 11.22%. These transactions occurred as ABTC shares traded near lows following an 85% decline from peak prices, signaling board-level optimism in the company's hybrid mining model, which boasts 25 exahash capacity, low-cost Bitcoin production, and treasury holdings of over 5,000 BTC placing it among the top 20 public Bitcoin holders.
While specific prior career details are not publicly detailed in available records, Busch's role aligns with American Bitcoin's leadership team, including high-profile figures like co-founder Eric Trump and CEO Mike Ho, in scaling U.S. Bitcoin infrastructure.
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