AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
American Bitcoin Corp. Shares Plummet 40% Amid Heavy Volume, Hut 8 Down 12%
ByAinvest
Thursday, Dec 4, 2025 12:43 am ET1min read
American Bitcoin Corp., a US-focused bitcoin mining and treasury firm backed by Eric Trump and Donald Trump Jr., saw its shares plunge 40% on heavy volume. Trading volume surged to 55 million shares, while bitcoin rallied above $91,000. The decline was despite strong gains for nearly all crypto-related stocks. Hut 8, an 80% owner of ABTC, fell 12%. The drop was attributed to potential insider lockup selling, but SEC filings show a 180-day lockup and a 12-month Investors Rights Agreement that restricts most historical ABTC holders from selling until 2026.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet