Missed the AI transformation wave! The stock price of American Bitcoin (ABTC.US), owned by President Trump's son, plummeted by 95%, causing a loss of 600 million dollars in wealth.

date
09/07/2026
According to the financial news app, American Bitcoin (ABTC.US), a bitcoin mining company and treasury company, was founded with a simple idea - that simply holding and mining bitcoin is enough to create wealth. However, the company, co-founded by Eric Trump, son of former President Donald Trump, is currently in a deep slump.