Eric Trump’s American Bitcoin price craters 40% as lockup expires

Eric Trump's American Bitcoin has acquired 363 BTC, reflecting a notable increase in institutional interest in Bitcoin, which may influence market dynamics and investor confidence. This acquisition comes at a time when the cryptocurrency market is experiencing significant volatility, with Bitcoin's value fluctuating dramatically.

Eric Trump has expressed confidence that Bitcoin could reach $500,000, reinforcing the strategy of American Bitcoin Corp (ABTC) to increase its Bitcoin holdings. The company's approach focuses on minimizing management expenses while maximizing Bitcoin acquisition through mining and purchases, aiming to enhance the Bitcoin per share metric for investors.

American Bitcoin Corp, a mining firm co-founded by Eric Trump, experienced a dramatic 40% drop in its stock price, falling to $1.80 on December 2, 2025, due to the expiration of a lockup period on pre-merger private placement shares. This significant decline highlights the volatility inherent in cryptocurrency investments.

The stock of American Bitcoin Corp, backed by former President Donald Trump, has plummeted nearly 40% following the unlocking of private placement shares. This significant decline highlights the volatility often associated with cryptocurrency investments and raises concerns about the stability of ventures linked to Trump.

American Bitcoin, a cryptocurrency backed by former President Donald Trump, has seen a significant decline of 40% in its market value, accompanied by heavy trading volume. This downturn has also negatively impacted Hut 8, which experienced a 12% drop in its stock price. The collapse reflects ongoing challenges faced by Trump family-related crypto investments.

American Bitcoin's stock price has plummeted to $2, marking an 86% decline from its peak earlier this year, resulting in a market capitalization drop from $8.6 billion to $1.9 billion. This drastic fall reflects broader trends in the cryptocurrency market, where Bitcoin has also seen significant price fluctuations.