American Bitcoin (ABTC) Stock Drops Over 95% Since September 2025 Debut Despite Trump Ties and Strong Mining Performance

Despite strong operational performance including mining over 817 BTC in Q1, American Bitcoin Corp. (NASDAQ: ABTC), co-founded by Eric Trump, has seen its stock fall more than 95% since its September 2025 debut. The company's valuation dropped from nearly $13.2 billion at launch to a much lower level as retail investors lost over $500 million in value.

By Lockridge Okoth Mon, July 13, 2026 at 9:34 PM GMT+3 5 min read · Yahoo Finance · July 13, 2026, 18:34 UTC

Tickers: $ABTC

Topics: American Bitcoin Corp (ABTC) Bitcoin retail investors Trump family involvement

Read the full article at Yahoo Finance

More World news

Jim Cramer Advises Profit-Taking Following Jensen Huang's Resignation at Nvidia CNBC · November 12, 2026, 16:59 UTC
LexisNexis Report Shows Elevated U.S. Auto Insurance Shopping Volumes in Q3 2026 PR Newswire · November 12, 2026, 17:12 UTC
Suburban Propane Partners Outlines $60M-$70M Capital Expenditures for Fiscal 2027 Seeking Alpha · November 12, 2026, 17:00 UTC
Nvidia, Supermicro, and Megaspeed Face U.S. Department of Justice Probes Seeking Alpha · November 12, 2026, 17:00 UTC
Starbucks Implements Quarterly Performance-Based Bonuses for Baristas Seeking Alpha · November 12, 2026, 17:03 UTC
Jim Cramer Analyzes Nvidia Leadership Transition and Recommends AMD, Constellation Brands, and Kimberly-Clark CNBC · November 12, 2026, 16:55 UTC
Nvidia CEO Jensen Huang Resigns Amid Personal Scandal, Threatening $500 Billion AI Financing Plan CNBC · November 12, 2026, 16:55 UTC
Al Mouj Muscat Receives Three Architectural Awards at International and Arabian Property Awards 2026 PR Newswire · November 12, 2026, 17:01 UTC
SoftBank Reports $7.1 Billion Quarterly Loss Driven by Natural Gas Turbine Over-Ordering TechCrunch · November 12, 2026, 17:00 UTC
PayPal and Kiva Renew Long-Term Partnership to Support Global Microloans PR Newswire · November 12, 2026, 17:00 UTC