Derived from TechFlow, on December 3, 2025, American Bitcoin Corp., a cryptocurrency mining company co-founded by Eric Trump, saw its stock plunge over 50% within 30 minutes of trading after the lockup period expired, triggering multiple trading halts. By 2:30 PM New York time, the stock had settled at $2.33, down 35% from the previous day. The company marked its Nasdaq listing with a market open bell ceremony on September 16.
Trump's American Bitcoin Corp. Stock Plummets 35% After Lockup Expiry
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