American Bitcoin Corp Down 90%: Trump’s Crypto Businesses Are Bleeding

American Bitcoin Corp. (ABTC), the miner backed by the Trump family, significantly missed the mark this quarter, reporting a $59 million loss amid the industry’s deepest rout since 2022. While revenue grew, the company’s stock has plummeted roughly 90% from its September highs, trading just above $1. 00 following the earnings. . . source: https://99bitcoins.com/news/bitcoin-btc/american-bitcoin-corp-down-90-trump-crypto/