Huge Sell-off In BTC Stock Linked To Eric Trump: Drops 40% To $1.80

American BTC Corp, a crypto mining company supported by the Trump family and co-founded by Eric Trump, experienced a significant drop of 40% in its shares, hitting $1.80 on 2 December 2025. What led to this decline? The end of a lockup period on pre-merger private placement shares was the catalyst for this drop. The stock decreased intraday to $1.80 from a previous close of $3.58. What implications does this have for investors? The decline prompted several trading halts amid high volume, even as BTC itself surged over 7% to $91,653.

While Hut 8 controls 80% of the firm, the remaining 20% is owned by Eric Trump, the son of former US President Donald Trump.

Eric Trump took to social media protocol X to discuss the trading market fluctuations. He described the decline as “anticipated.” To reinforce his commitment, he assured that he would not liquidate his shares.

Thanks @Coachjv_. Today our pre-merger private placement shares unlocked — these early investors can now cash in their profits for the first time, which is why we are witnessing price swings.

Our fundamentals are nearly unrivaled and the key differentiator: crypto mining BTC… https://t.co/7h1Aqjt8iE

— Eric Trump (@EricTrump) December 2, 2025

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By July 2025, the company had extracted 215 Bitcoins, generating $220 million for BTC acquisitions

Eric Trump serves as the Co-Founder and Chief Strategy Officer of American BTC Corp.

Established in April of this year, American Bitcoin focuses on BTC block rewards and treasury accumulation. It merged with Gryphon Digital Block rewards to go public on Nasdaq. However, the crash resulted from the 2 December 2025 release of restricted shares from a June 2025 private placement. Most shareholders are still under a 180-day lockup until March 2026 — including insiders from the Trump family — but this partial expiration revealed limited available volume in the high-risk crypto-related stock.

The firm has positioned itself as a means for direct BTC exposure as part of the Trump family’s broader crypto investments, which include memecoins and stablecoins. Eric Trump has been leveraging familial connections to draw investors from Europe, Canada, and the Middle East. However, company executives emphasize that there has been no direct access to presidential influence.

Interestingly, the recent Q3 financial results for American BTC indicated $64.2 million in revenue and $3.5 million in net income.

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Eric Trump Appointed Adviser To Metaplanet In March 2025

When Eric Trump was welcomed as an adviser in March 2025, Metaplanet CEO Simon Gerovich stated, “His business acumen and enthusiasm for Bitcoin will advance our mission as we continue building one of the world’s premier Bitcoin Treasury Companies.”

Currently, Michael Saylor’s Strategy has slowed down its BTC acquisition pace amidst a broader decline for DAT (Digital Asset Treasury) firms. In contrast, Japan’s Metaplanet remains robust, recently announcing a new $130 million borrowing against its Bitcoin assets for further acquisitions.

By securing an additional $130 million loan against its Bitcoin assets, the Tokyo-listed DAT company is expanding its utilization of its $500 million credit facility as it continues to develop its Bitcoin-based income strategies.

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