ERIC TRUMP’S BITCOIN BET JUST COST THE FAMILY $600 MILLION. Eric Trump’s American Bitcoin Corp stake has lost over $600 million in market value after the stock plunged more than 95% from its peak. While competitors pivoted toward AI data centers, American Bitcoin stayed locked into mining, forcing a Nasdaq reverse split just to survive. Despite the collapse, the company keeps buying, now holding roughly 8,000 BTC.(Crypto Rover)