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Eric Trump’s crypto bet hit by brutal market slump; triggers reverse split

6 hours ago 7

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BTC bitcoin. Margin call. Business concept. Abstract digital chart, stock market crash and trading collapse, financial crisis and economic downturn. Closing positions on exchanges.

Eric Trump’s co-founded venture, American Bitcoin Corp (ABTC), has been hit by a brutal market slump as Bitcoin (BTC-USD) prices sank into a bear market, forcing investors to favour miners that could repurpose their infrastructure for AI-focused data centers.

American

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