Svmuu News Donald Trump Family Bitcoin Mining company American Bitcoin has seen its stock price fall 95% from its all-time high following a 1:15 reverse stock split to maintain its listing status on Nasdaq. Over the past 10 months, the book value of the approximately 6% stake held by Eric Trump, Donald Trump’s second son, has shrunk by more than $600 million.Data shows that ABTC’s operating loss in the first quarter reached $118.2 million, with the vast majority stemming from impairment losses on Bitcoin. The company recently increased its holdings by approximately 500 BTC, bringing its balance sheet Bitcoin holdings to over 8,000 BTC.If its financial situation deteriorates further and it is unable to secure ongoing external financing, there is a potential risk of forced selling. The reverse stock split signals that the company faces the risk of delisting, which could further exacerbate the sell-off and force the company to sell some of its Bitcoin assets to meet its debt obligations.