Bitcoin’s trajectory is becoming a central theme in the first family’s business interests, with Eric Trump explaining why he believes the market is setting up for a dramatic surge. His comments, made in a YouTube interview with Grant Cardone, offered a rare look into how American Bitcoin Corp (ABTC) approaches the crypto industry and why the Trumps consider BTC one of the most important financial opportunities of the decade.

Eric Trump Thinks Parabolic Rally Is Coming For Bitcoin

Eric Trump made it clear that ABTC operates on the conviction that Bitcoin is gearing up for a powerful upward acceleration. American Bitcoin is a publicly traded BTC mining and accumulation company co-founded by Eric Trump in partnership with Hut 8 Corp.

According to Eric Trump, the company is structured to maximize its BTC holdings ahead of that move rather than dilute resources on heavy management costs or constant liquidations. In his words, the comparison with other miners is straightforward because ABTC wants to hold the asset it believes will appreciate sharply instead of turning mined Bitcoin into daily operating cash.

His reasoning is a departure from the traditional mining business model, which typically sells a significant share of its Bitcoin to cover operational costs. Trump insists that ABTC is deliberately positioning itself differently because “we want to be buying the asset that we believe is going to appreciate.”

Eric Trump said BTC’s surge is not limited to ordinary crypto investors but is also driven by the quiet entry of sovereign funds, family offices, and major institutions. He also contrasted Bitcoin with real estate, noting that he now spends more time in crypto because it grows in ways traditional property cannot. 

Real estate is slow and tied to limited cash flow, while Bitcoin scales globally and appreciates far faster. That difference is one of the reasons he expects BTC to reach around $500,000 in the long term, a prediction he offered without hesitation.

ABTC’s Unique Model: Building BTC Per Share

Ashet Genoot, CEO of Hut 8 Corp., expanded on the company’s internal philosophy by explaining how ABTC measures value differently from other publicly traded firms. Instead of focusing on earnings per share, he said their model centers on “Bitcoin per share,” which is a metric that reflects how much BTC each shareholder indirectly controls through the company.

Genoot explained that the question they ask every day is simple: how do we grow the amount of Bitcoin per share? He described their system as a constant pursuit of increasing BTC reserves through multiple channels, whether mining coins at scale or buying them whenever conditions favor accumulation. 

The goal is for every ABTC shareholder to benefit from a rising quantity of BTC over time, turning the company into a long-term accumulator rather than a miner that immediately sells its output to cover expenses.

According to regulatory filings, ABTC operates tens of thousands of ASIC miners under Hut 8’s infrastructure and has accumulated more than 4,000 BTC as of late 2025.

According to interviews with Eric Trump and ABTC Executive Chairman Asher Genoot, American Bitcoin (ABTC) has structured its business around one clear aim: add more Bitcoin to its balance sheet.

The firm says it spends less on big management teams and more on mining and buying Bitcoin so each share holds more Bitcoin over time. That metric — Bitcoin per share — is tracked in the same way public companies track earnings per share, the executives said.

American Bitcoin Tracks Bitcoin Per Share

ABTC’s leaders told investors they treat the number of Bitcoin each share represents as the core performance measure. Genoot said the firm began with a single question: “What do investors actually want from a Bitcoin-focused business?”

Based on reports, the answer they reached was simple — grow the amount of Bitcoin held per share. That amount, they say, should rise each day thanks to mining and occasional purchases when markets look attractive.

Company Adds BTC ‘At A Steep Discount’

Trump told investor Grant Cardone that ABTC adds new Bitcoin to its balance sheet every day at what he described as a steep discount compared to market prices. According To his comments, the firm also plans to keep buying when conditions are favorable.

The approach is straightforward: mine and accumulate rather than chase short-term fiat profits. This strategy is pitched as a way to give shareholders more direct exposure to Bitcoin’s future gains.

JUST IN: Trump family-backed #Bitcoin miner American Bitcoin Corp increased its holdings by 363 BTC and now holds a total of 4,367 BTC.

Bitcoin 100 Ranking: 23 pic.twitter.com/hSAK9yLd3u

— BitcoinTreasuries.NET (@BTCtreasuries) December 4, 2025

Bullish Price Calls And Timeframes

Trump has made very large price forecasts publicly. He forecast $1 million for Bitcoin in late 2024 and repeated that belief during 2025 at a conference in Hong Kong.

During a recent interview, he projected Bitcoin could trade above $500,000 within the next four years, marking November 2029 as a benchmark date. Those figures underline why ABTC’s model is built on a long-term and highly optimistic outlook for BTC.

Global Demand And Institutional Access

Trump pointed to strong demand in many parts of the world as part of his reasoning. He said he sees interest from governments, family offices, big companies, and wealthy individuals.

Reports have disclosed that regions with weak currencies or high inflation show faster adoption, because people there often want assets that are hard for authorities to seize.

He also noted that mainstream financial firms now offer more ways to get exposure to crypto, which he believes makes it easier for everyday investors to buy in.

Featured image from ABC News, chart from TradingView

Shares of American Bitcoin, the mining and accumulation firm co-founded by Eric Trump and Donald Trump Jr., tumbled sharply on Tuesday after a portion of the company’s stock was released from its lockup period.

Data from Google Finance showed ABTC plunged nearly 50% within the first hour of trading, falling to as low as $1.80 from a prior close of $3.58.

The stock recovered modestly through the session but still ended the day down 38.83% at $2.19, highlighting the impact of newly unlocked shares hitting the market.

Eric Trump Shrugs Off ABTC Selloff After Lockup Ends

In a post on X, Eric Trump said the selloff was expected, noting that pre-merger private placement shares had just unlocked.

He added that the company’s business remains strong and that he has no plans to sell his own holdings. American Bitcoin listed on Nasdaq in September after completing its merger with Gryphon Digital Mining.

The sharp drop came despite solid financial results last quarter. In October, the company reported third-quarter revenue of $64.2 million, up from $11.6 million a year earlier, while net income swung to a $3.5 million profit from a $0.6 million loss.

Chief executive Michael Ho said at the time the firm had more than doubled its mining capacity and improved margins, citing a seven-point increase quarter over quarter.

Thanks @Coachjv_. Today our pre-merger private placement shares unlocked — these early investors are freely available to cash in on their profits for the first time which is why we will see volatility.

Our fundamentals are virtually unmatched and our differentiator: mining BTC… https://t.co/7h1Aqjt8iE

— Eric Trump (@EricTrump) December 2, 2025

American Bitcoin has also been building its treasury. As of Nov. 13, the company said it held about 4,090 BTC, including coins kept in custody or pledged toward new mining equipment.

Management has framed the strategy as a push to increase direct exposure to Bitcoin while also growing production volume.

Even so, the recovery attempt failed to reverse a broader decline in the stock since its September peak of $9.31.

Shares are now down roughly 76.5% from that high, reflecting investor caution around supply unlocks and volatility tied to early backers exiting positions.

The selloff mirrors a wider slump in crypto-linked equities. Shares of Coinbase have fallen about 20% over the past month, while USDC issuer Circle is down 39%. Exchange operator Gemini has dropped 47% in the same period.

Democrats Accuse Trump of Using Presidency to Enrich Family

As reported, Democrats on the House Judiciary Committee released a report accusing the Trump administration of using presidential authority to benefit the Trump family’s crypto businesses, claiming roughly $800 million was generated from token sales in early 2025.

The report alleges the president blurred the line between public office and private profit, and estimates that Trump family crypto holdings could reach $11.6 billion, though exact values are difficult to verify.

The findings raise concerns about foreign influence, focusing on investments in World Liberty Financial’s $WLFI token.

Lawmakers highlight a reported $75 million investment by crypto figure Justin Sun while he faced regulatory scrutiny, and a separate $100 million purchase by an entity called Aqua 1 Foundation, which investigators say lacks clear corporate records.

The fund’s leadership is also alleged to include figures tied to legal and geopolitical controversies.

The post Eric Trump-Linked American Bitcoin Stock Crashes 40% as Lockup Ends appeared first on Cryptonews.

Bitcoin Magazine

American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures

American Bitcoin’s stock unraveled in real time Tuesday. 

The mining and Bitcoin-treasury company co-founded by Eric Trump saw its stock plunge more than 50% in the first hour of trading, triggering multiple halts and wiping out months of speculative gains. 

The company, listed on Nasdaq under the ticker ABTC, had already been reeling from Bitcoin’s steep pullback over the past month. 

But the speed of Tuesday’s sell-off stunned even veteran crypto-equity watchers. Shares collapsed to an intraday low of $1.75, a 51% drop, before stabilizing slightly. By time of writing, the stock is still down more than 35%.

No single headline set off the avalanche. But market conditions were brittle. A day earlier, nearly $1 billion in leveraged crypto positions were liquidated. Bitcoin had crashed to the mid-$85,000s. 

A miner tied to a political brand

Eric Trump and Donald Trump Jr. helped launch American Bitcoin earlier this year. Eric serves as co-founder and chief strategy officer. Donald Trump Jr. is listed as an investor. 

Their involvement gave the company immediate name recognition, but also tied ABTC’s identity to one of the most politically charged families in America.

The firm was spun out of Hut 8 and went public in September through a reverse-merger with Gryphon Digital Mining. 

The market liked the story at first. Shares spiked to $9.31 in the early days. Some traders treated it like another Trump-themed momentum play. 

But that momentum hasn’t lasted. Since that September peak, the stock is now down more than 78%.

SEC filings show most insiders, including the Trump sons, are barred from selling shares until at least March 2026. That ruled out insider-dumping speculation.

Bitcoin rebounds — but American Bitcoin doesn’t

What made Tuesday’s collapse even more striking was that it happened as Bitcoin surged. After the Monday washout, BTC roared back above $91,000 by midday Tuesday. Most crypto-exposed stocks bounced. American Bitcoin wasn’t one of them.

Heavy volume — more than 55 million shares, compared with a 3 million daily average — signaled a stampede for the exits. 

ABTC’s business is deeply tied to the price of Bitcoin. The company says it holds more than 3,000 BTC accumulated through mining and market purchases.

In its third-quarter report, American Bitcoin posted $64.2 million in revenue and $3.5 million in net income. These are fairly healthy numbers — better than many miners.

Trump-linked crypto ventures take a hit

The sell-off has extended beyond ABTC. WLFI, the token tied to World Liberty Financial, fell more than 30% from its recent high, according to Bloomberg.

ALT5 Sigma, which holds WLFI in its treasury, dropped over 80%. Trump Media & Technology Group, the operator of Truth Social, also fell sharply after its $2 billion Bitcoin and crypto holdings lost roughly 25% of value.

Donald Trump’s stake in Trump Media has declined by an estimated $800 million since September. Other Trump-related crypto ventures, including miners, tokens, and meme coins, also faced heavy losses.

Eric Trump has called all bitcoin volatility a “buying opportunity,” saying investors who embrace dips could benefit. 

This post American Bitcoin Stock ($ABTC) Collapses Over 50% as Crypto Volatility Continues Slamming Trump-Linked Ventures first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Trump-backed American Bitcoin Corp Expands Holdings to 4,004 BTC, Boosts Satoshis Per Share Metric

American Bitcoin Corp. (Nasdaq: ABTC), a Bitcoin accumulation and infrastructure company, announced it has added 139 Bitcoin to its reserves since October 24, bringing its total holdings to 4,004 BTC as of November 5, 2025.

The company said the Bitcoin was acquired through a combination of mining operations and strategic market purchases.

According to a company release Friday, American Bitcoin’s “Satoshis Per Share” (SPS) — a transparency metric showing how much Bitcoin backs each share of stock — rose 3.35% over the past 12 days to 432 satoshis per share. 

The firm said this figure includes Bitcoin held in custody and coins pledged under a miner purchase agreement with Bitmain.

“We continue to expand our Bitcoin holdings rapidly and cost-effectively through a dual strategy that integrates scaled Bitcoin mining operations with disciplined at-market purchases,” said Eric Trump, co-founder and chief strategy officer of American Bitcoin.

The Miami-based company describes its goal as building “America’s Bitcoin infrastructure backbone,” combining industrial-scale mining with balance-sheet accumulation. 

American Bitcoin said it plans to continue providing regular SPS updates as part of its commitment to transparency and shareholder alignment with Bitcoin’s long-term growth.

JUST IN: Trump family-backed #Bitcoin mining company American Bitcoin acquires 139 BTC.

They now hold 4,004 BTC pic.twitter.com/jKxUzzMsY2

— Bitcoin Magazine (@BitcoinMagazine) November 7, 2025

American Bitcoin’s Nasdaq debut and the Gryphon merger

American Bitcoin Corp. (Nasdaq: ABTC) emerged on the public markets in September 2025. The company was created through a merger between Gryphon Digital Mining, Inc. and American Bitcoin Corp., a Trump family–backed subsidiary of Hut 8 Corp. (Nasdaq | TSX: HUT). 

The all-stock merger, finalized earlier this year, combined Gryphon’s mining technology and operational expertise with American Bitcoin’s capital resources and reserve-focused strategy. 

Under the terms of the deal, Gryphon shareholders retained roughly 2% of the new entity, while American Bitcoin stakeholders — including Hut 8, which contributed most of its mining ASICs — held approximately 98%.

Co-founded by Eric Trump and Donald Trump Jr., American Bitcoin positions itself as a patriotic Bitcoin accumulation vehicle aligned with what the Trump family describes as “American values of freedom, transparency, and independence.” 

The company’s dual accumulation model aims to maintain a cost advantage by mining Bitcoin below market price while retaining the flexibility to add to reserves through spot purchases. 

Its partnership with Hut 8 also provides access to large-scale colocation infrastructure without requiring heavy capital expenditure on proprietary facilities — a structure meant to maximize efficiency, scale hash rate, and grow the company’s reserve base over time.

This post Trump-backed American Bitcoin Corp Expands Holdings to 4,004 BTC, Boosts Satoshis Per Share Metric first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Trump-Backed American Bitcoin Adds 1,414 Bitcoin Amid U.S. Expansion

American Bitcoin Corp. (Nasdaq: ABTC), a Trump family–backed mining platform, has expanded its Bitcoin holdings to 3,865 bitcoin, adding 1,414 bitcoin since September through a combination of mining production and secondary market purchases.

The Miami-based firm, which describes itself as “America’s Bitcoin infrastructure backbone,” said the latest accumulation includes coins held in custody and those pledged for miner purchases under its ongoing procurement deal with Bitmain. 

The update continues a rapid expansion trajectory that began earlier this year when Hut 8 spun out its U.S. mining arm as a separate, publicly traded entity.

American Bitcoin initially held around 500 BTC at the time of the carve-out, then purchased another 1,726 BTC between July and August for approximately $205 million. 

Those holdings were pledged to Bitmain as collateral for a $314 million order of 16,299 Antminer U3S21EXPH units — nearly the full 15 EH/s option under the companies’ strategic supply agreement. Most of those machines will be hosted at Hut 8’s new Vega site in Texas, a 400-megawatt facility central to American Bitcoin’s push toward 25 EH/s of proprietary hashrate.

“We believe one of the most important measures of success for a Bitcoin accumulation platform is how much Bitcoin backs each share,” said Eric Trump, co-founder and chief strategy officer. “As part of that conviction, we are focused on providing transparent updates as we aim to increase our holdings.”

JUST IN: Trump Family-backed BTC miner American Bitcoin acquires 1,414 Bitcoin.

They now hold 3,865 Bitcoin pic.twitter.com/21dgPKboOG

— Bitcoin Magazine (@BitcoinMagazine) October 27, 2025

Executive Chairman Asher Genoot added that American Bitcoin’s integrated mining model allows it to lower its average cost per Bitcoin compared with treasury-style vehicles that buy on the open market. 

“That structural advantage allows us to compound Bitcoin value per share more efficiently for our investors,” he said.

Shares of ABTC have been volatile since their September debut, rising 11% on Friday to close at $5.62 after recovering from midweek lows below $5. 

The company, valued around $5.1 billion, remains one of the most closely watched plays in the sector — both for its aggressive expansion plans and its deep ties to the Trump family.

At the time of writing, the stock is trading at $5.83 and Bitcoin is trading at $115,000 after a couple of tumultuous weeks.  

Gryphon, American Bitcoin merger

Earlier this year, Gryphon Digital Mining merged with American Bitcoin Corp., the Trump family–backed subsidiary of Hut 8, to form what they claim could become the most efficient pure-play Bitcoin miner in the industry. 

The all-stock merger saw Gryphon shareholders own about 2% of the combined entity and American Bitcoin stakeholders hold 98%.

The merger, now finalized, provides American Bitcoin with a faster route to public markets and combines Gryphon’s mining technology with American Bitcoin’s capital strength and large-scale reserve strategy.

This post Trump-Backed American Bitcoin Adds 1,414 Bitcoin Amid U.S. Expansion first appeared on Bitcoin Magazine and is written by Micah Zimmerman.