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Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners

WeMaple AI by WeMaple AI
July 9, 2026
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Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners
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Eric Trump alongside a graphic of the US government's 300,000 BTC holdings and a sovereign accumulation trend, illustrating the decision not to sell Bitcoin.

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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 …

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