Tinder co-founder Justin Mateen bought 1.8 million shares of American Bitcoin (ABTC) for $1.85M after the company posted a $59 million Q4 loss.

Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.

Tinder co-founder Justin Mateen bought 1.8 million shares of American Bitcoin (ABTC) for $1.85M after the company posted a $59 million Q4 loss.