Eric Trump Praises Bitcoin — But ABTC Faces Brutal Drop To $3.50
Posted On November 14, 2025
American Bitcoin Corp. (NASDAQ:ABTC) slipped to $4.74 on Thursday even as Eric Trump and Donald Trump Jr. boosted the company’s Bitcoin (CRYPTO: BTC) holdings, widening the gap between rising treasury conviction and weakening price momentum.
Trump Brothers Expanded Bitcoin Holdings In Late October
American Bitcoin announced late October that it added 1,414 Bitcoin worth about $163 million.
The purchase lifted its total holdings to 3,865 Bitcoin, valued near $446 million at the time.
The company said the increase came from strategic acquisitions and mining output.
ABTC jumped more than 11% on that day and traded above $6.20.
Shares had struggled below $6 before the news due to wider …
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