金色财经
金色财经|Jul 13, 2026 02:57
[Trump Family Crypto Mining Company ABTC's Stock Price Plummets 95% from Peak, Over 8,000 BTC Holdings Face Selling Pressure] According to a report by Jinse Finance, on July 13, the Trump family's Bitcoin mining company, American Bitcoin (ABTC), has seen its stock price drop by a cumulative 95% from its historical peak after implementing a 1:15 reverse stock split to maintain its Nasdaq listing qualification. Over the past 10 months, the book value of approximately 6% of shares held by Eric Trump, the second son of Donald Trump, has shrunk by more than $600 million. Data shows that ABTC's operating loss in the first quarter reached $118.2 million, with the majority stemming from Bitcoin impairment losses. Although the company recently increased its holdings by approximately 500 BTC, bringing its balance sheet Bitcoin holdings to over 8,000 BTC, there is a potential risk of forced liquidation if its financial situation further deteriorates and it fails to secure ongoing external financing. The reverse stock split signals the company's risk of delisting, which could further exacerbate stock sell-offs and force the company to sell part of its Bitcoin assets to meet debt obligations.
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