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Eric Trump's Bitcoin bet erases $600 mn from Trump family fortune
short by Vaishnavi Mishra / on Sunday, 12 July, 2026
American Bitcoin, firm co-founded by President Donald Trump's son Eric Trump, has seen its shares plunge over 95% from their peak. The decline has wiped over $600 million off the value of Eric's stake, dealing a significant blow to the Trump family's fortune. Eric owns about 6% of the company, while Donald Trump Jr. serves as an adviser.
read more at Hindustan Times