Trump-backed stock halts multiple times after wild 51% crash in 30 minutes
Yahoo Finance·2025-12-02 21:13
American Bitcoin Corp. (NASDAQ: ABTC), a Bitcoin (BTC) mining firm co-founded by Eric Trump, saw its shares crash more than 50% in less than 30 minutes on Dec. 2, prompting multiple trading halts. At press time, ABTC was down nearly 40%, trading at $2.2050. The drop is interesting since Bitcoin is on a recovery path. At press time, it was trading at $91,653.98, having climbed 7.8% in the past 24 hours. ABTC shares crash on Dec. 2 (Source: Yahoo Finance) More News: Market chatter suggested the steep sh ...