Categories Economy
Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners
July 9, 2026
The post Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners appeared first on Coinpedia Fintech News
President Donald Trump’s son Eric’s Bitcoin mining venture has reportedly erased nearly $600 million in market value after its stock crashed more than 95% from its peak. While the company continues adding Bitcoin to its treasury, investors are moving away from crypto mining stocks and putting more money into AI companies. American Bitcoin Stock Crashes …