Massive Sell-Off In Eric Trump-Associated Bitcoin Stock: Falls 40% To $1.80

99BitcoinsWednesday, December 3, 2025 at 1:29:02 PM
  • 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 sharp decline in stock value raises concerns about investor confidence in American Bitcoin Corp, particularly given its association with the Trump family. The event underscores the challenges faced by companies in the cryptocurrency sector amid fluctuating market conditions.
  • This sell-off occurs against a backdrop of broader volatility in the cryptocurrency market, where Bitcoin and other major cryptocurrencies have also faced significant price drops. The recent trends indicate a turbulent environment for digital assets, with market sentiment swinging between optimism and pessimism, influenced by various external factors including political announcements and institutional investments.
— via World Pulse Now AI Editorial System

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