{"id":5642,"date":"2025-12-02T19:16:18","date_gmt":"2025-12-02T19:16:18","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/12\/02\/american-bitcoin-stock-abtc-collapses-over-50-as-crypto-volatility-continues-slamming-trump-linked-ventures\/"},"modified":"2025-12-02T19:16:18","modified_gmt":"2025-12-02T19:16:18","slug":"american-bitcoin-stock-abtc-collapses-over-50-as-crypto-volatility-continues-slamming-trump-linked-ventures","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/12\/02\/american-bitcoin-stock-abtc-collapses-over-50-as-crypto-volatility-continues-slamming-trump-linked-ventures\/","title":{"rendered":"American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures<\/a><\/p>\n

<\/div>\n

American Bitcoin\u2019s stock unraveled in real time Tuesday.\u00a0<\/p>\n

The mining and Bitcoin-treasury company co-founded by Eric Trump saw its stock plunge more than 50% in the first hour of trading, triggering multiple halts and wiping out months of speculative gains.\u00a0<\/p>\n

The company, listed<\/a> on Nasdaq under the ticker ABTC, had already been reeling from Bitcoin\u2019s steep pullback over the past month.\u00a0<\/p>\n

But the speed of Tuesday\u2019s sell-off stunned even veteran crypto-equity watchers. Shares collapsed to an intraday low of $1.75, a 51% drop, before stabilizing slightly. By time of writing, the stock is still down more than 35%.<\/p>\n

No single headline set off the avalanche. But market conditions were brittle<\/a>. A day earlier, nearly $1 billion in leveraged crypto positions were liquidated. Bitcoin had crashed to the mid-$85,000s.\u00a0<\/p>\n

A miner tied to a political brand<\/h2>\n

Eric Trump and Donald Trump Jr. helped launch<\/a> American Bitcoin earlier this year. Eric serves as co-founder and chief strategy officer. Donald Trump Jr. is listed as an investor.\u00a0<\/p>\n

Their involvement gave the company immediate name recognition, but also tied ABTC\u2019s identity to one of the most politically charged families in America.<\/p>\n

The firm was spun out of Hut 8 and went public<\/a> in September through a reverse-merger with Gryphon Digital Mining.\u00a0<\/p>\n

The market liked the story at first. Shares spiked to $9.31 in the early days. Some traders treated it like another Trump-themed momentum play.\u00a0<\/p>\n

But that momentum hasn\u2019t lasted. Since that September peak, the stock is now down more than 78%.<\/p>\n

SEC filings show most insiders, including the Trump sons, are barred from selling shares until at least March 2026. That ruled out insider-dumping speculation.<\/p>\n

Bitcoin rebounds \u2014 but American Bitcoin doesn\u2019t<\/h2>\n

What made Tuesday\u2019s collapse even more striking was that it happened as Bitcoin surged<\/a>. After the Monday washout<\/a>, BTC roared back above $91,000 by midday Tuesday. Most crypto-exposed stocks bounced. American Bitcoin wasn\u2019t one of them.<\/p>\n

Heavy volume \u2014 more than 55 million shares, compared with a 3 million daily average \u2014 signaled a stampede for the exits.\u00a0<\/p>\n

ABTC\u2019s business is deeply tied to the price of Bitcoin. The company says it holds more than 3,000 BTC accumulated through mining and market purchases.<\/p>\n

In its third-quarter report, American Bitcoin posted<\/a> $64.2 million in revenue and $3.5 million in net income. These are fairly healthy numbers \u2014 better than many miners.<\/p>\n

Trump-linked crypto ventures take a hit<\/h2>\n

The sell-off has extended beyond ABTC. WLFI, the token tied to World Liberty Financial, fell more than 30% from its recent high, according to Bloomberg<\/a>.<\/p>\n

ALT5 Sigma, which holds WLFI in its treasury, dropped over 80%. Trump Media & Technology Group, the operator of Truth Social, also fell sharply after its $2 billion Bitcoin and crypto holdings lost roughly 25% of value.<\/p>\n

Donald Trump\u2019s stake in Trump Media has declined by an estimated $800 million since September. Other Trump-related crypto ventures, including miners, tokens, and meme coins, also faced heavy losses.<\/p>\n

Eric Trump has called all bitcoin volatility a \u201cbuying opportunity,\u201d saying<\/a> investors who embrace dips could benefit.\u00a0<\/p>\n

This post American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures American Bitcoin\u2019s stock unraveled in real time Tuesday.\u00a0 The mining and Bitcoin-treasury company co-founded by Eric Trump saw its stock plunge more than 50% in the first hour of trading, triggering multiple halts and wiping out months of speculative […]<\/p>\n","protected":false},"author":0,"featured_media":5643,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5642","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5642"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5643"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}