Episode Details

American Bitcoin, the Trump family’s crypto venture, hit a rock bottom of 62 cents before executing a risky reverse stock split to dodge Nasdaq delisting—just as its shares plunged 63% this year and it posted an $81M loss. With high-profile founders and a crypto market in freefall, the move signals deeper struggles for crypto firms, echoing similar desperate tactics by companies like Nakamoto. Can this split save it—or just delay the inevitable?

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