Trump's family Bitcoin mining company "American Bitcoin" is down 95.2% from its peak.
If you invested $10,000 in $ABTC last year, it's worth just $480 now. https://t.co/dtWrBVyUiv

Trump's family Bitcoin mining company "American Bitcoin" is down 95.2% from its peak.
If you invested $10,000 in $ABTC last year, it's worth just $480 now. https://t.co/dtWrBVyUiv
📅Reminder: If you hold $aBTC or $aUSD on Stacks, please initiate your peg-out before the July 15 deadline to remain within the standard wind-down process.
American Bitcoin $ABTC ?
...proudly “American”... majority-owned by Hut 8 Canada btw...
Facts:
• Hut 8 merged most of its Bitcoin mining operations into the venture.
• Hut 8 received an 80% stake at formation.
• Hut 8 remained the exclusive infrastructure and operating partner.
• Existing American Bitcoin shareholders were expected to own about 98% after the Gryphon merger
The backbone, hardware, infrastructure and original control came largely from a Canadian-founded mining giant.
That is what is known so far.
Oh, but the chart looks 100% Trump.
Hardworking leadership. Bold vision. American Bitcoin is building America's Bitcoin’s infrastructure backbone one block at a time. #ABTC https://t.co/DzzHNkzuwM