CoinMeta data: Trump-related American Bitcoin companies have performed poorly since the reverse merger, with a value loss of about 92%. In contrast, Bitcoin has only lost a quarter of its value. The company claims to be a new entity formed through the strategic contribution of ASIC devices numbered Hut, and is led by Eric Trump and Donald Trump. During this period, Eric Trump served as Chief Strategy Officer, while Donald Trump acted as Senior Advisor. American Bitcoin reported a net loss of over $150 million in 2025, and an additional net loss of $138 million in the first half of 2026, mainly due to the decline in Bitcoin prices.