THE TREMPS ENCRYPTED MINING COMPANY ABC STOCK PRICES FELL BY 95 PER CENT OVER THEIR PEAK, AND MORE THAN 8,000 BTC HOLDING WAREHOUSES WERE UNDER PRESSURE

On 13 July, after the implementation of the 1.15 reverse dismantling of shares by the Bitcoin mining company, American Bitcoin (ABTC), the Trump family had accumulated a 95 per cent decline over historical highs. Over the past 10 months, the book value of approximately 6 per cent of the shares held by the Trump son, Eric Trump, has shrunk by over $600 million. The data show that ABC’s operating losses amounted to $118.2 million for the first quarter, the vast majority of which resulted from the impairment of bitcoin, and that although the company recently held approximately 500 more bitcoins to hold more than 8,000 more bitcoins on its balance sheet, there was a potential risk of forced sales if the financial situation deteriorated further and external financing was not sustainable. The release of a signal of the company ' s risk of re-marketing in reverse by the dismantling of shares could further exacerbate stock sales and force the company to sell some bitcoin assets to meet its debt obligations。