Share price in the basement
Bitcoin weakness hits Trump sons hard
Updated on December 9, 2025 – 8:15 p.mReading time: 2 minutes
Their father’s re-election and strong Bitcoin have made Donald Trump Jr. and his brother Eric rich men. But now there was a setback.
His re-election as US President last year not only caused Donald Trump’s fortune to grow rapidly, his family also benefited massively from it. The business magazine “Forbes” reported at the end of September that Trump’s eldest son Donald Jr. had increased his fortune tenfold to an estimated $500 million. His younger brother Eric was able to grow even more. But the recent fall in Bitcoin prices has caused the Trump sons’ profits to shrink significantly again.
The background is the two’s involvement in the company American Bitcoin, which makes money by “mining” cryptocurrencies, i.e. creating new units through complex computing processes. At their peak on September 9th, American Bitcoin shares traded for $9.31. On Tuesday evening, exactly two months later, the share was only worth $2.07. According to Forbes, Eric Trump holds 7.3 percent of the shares in American Bitcoin, meaning Donald Jr.’s share is between 1 and 5 percent. The business magazine “Forbes” recently estimated Don Jr.’s fortune no longer at $500 million, but at $300 million.
The fall in the price of American Bitcoin is related to the recent decline of the cryptocurrency that gives it its name. Bitcoin lost more than $18,000 in value in November alone – the biggest drop since May 2021. The trigger for the price fall is a change in monetary policy in Japan: Investors have to repay the loans they took out in yen and are withdrawing money from riskier investments. This traditionally also includes cryptocurrencies.
Eric Trump downplayed the price declines and spoke of a “great buying opportunity.” He has “never been so optimistic” about the future of cryptocurrency.
