{"id":87691,"date":"2026-04-29T08:46:55","date_gmt":"2026-04-29T08:46:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=87691"},"modified":"2026-04-29T08:46:55","modified_gmt":"2026-04-29T08:46:55","slug":"how-eric-trumps-american-bitcoin-lost-500-million-in-shareholder-value-in-8-months","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=87691","title":{"rendered":"How Eric Trump&#8217;s American Bitcoin Lost $500 Million In Shareholder Value In 8 Months"},"content":{"rendered":"<div>\n<p><strong>American Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"ABTC\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/ABTC\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ABTC\">ABTC<\/a>) has torched $500 million in shareholder value since September while <strong>Eric Trump\u2019s<\/strong> personal fortune jumped from $190 million to $280 million, according to a Forbes report published Tuesday.<\/p>\n<h3 class=\"wp-block-heading\">American Bitcoin Stock Down 92% From Peak<\/h3>\n<p>When American Bitcoin hit the Nasdaq on September 3, investors valued the company at $13.2 billion despite holding just $270 million of <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>).\u00a0<\/p>\n<p>The stock is now down 92% from its peak after the company dumped 149 million shares to buy more Bitcoin.<\/p>\n<p>Eric Trump <a href=\"https:\/\/www.forbes.com\/sites\/danalexander\/2026\/04\/28\/how-eric-trump-got-rich-from-bitcoin-while-losing-investors-a-fortune\">pitched<\/a> the company as mining Bitcoin for roughly $57,000 per coin when it traded around $116,000.\u00a0<\/p>\n<p>But the all-in cost including machines, marketing, and capital allocation hit about $92,000 per Bitcoin at the time, leaving slim margins that evaporated when prices fell.<\/p>\n<h3 class=\"wp-block-heading\">How The Stock Dumping Worked?<\/h3>\n<p>American Bitcoin sold &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/52108321\/how-eric-trumps-american-bitcoin-lost-500-million-in-shareholder-value-in-8-months?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"How\" eric trump american bitcoin lost million in shareholder value months>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>American Bitcoin (NASDAQ:ABTC) has torched $500 million in shareholder value since September while Eric Trump\u2019s personal fortune jumped from $190 million to $280 million, according to a Forbes report published Tuesday. American Bitcoin Stock Down 92% From Peak When American Bitcoin hit the Nasdaq on September 3, investors valued the company at $13.2 billion despite [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-87691","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/87691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87691"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/87691\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}