{"id":3152,"date":"2026-07-09T14:41:12","date_gmt":"2026-07-09T14:41:12","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=3152"},"modified":"2026-07-09T14:41:12","modified_gmt":"2026-07-09T14:41:12","slug":"trumps-son-wipes-600m-from-family-fortune-with-disastrous-bet","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=3152","title":{"rendered":"Trump\u2019s Son Wipes $600M From Family Fortune With Disastrous Bet"},"content":{"rendered":"<article>\n<p>One of Donald Trump\u2019s sons got ahead of reports that he lost the first family more than $600 million by posting a cloying online tribute to his father. <\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=3151\">Trump\u2019s Reflecting Pool Debacle Deepens With New Charges<\/a><\/p>\n<p>\u201cI am deeply honored that at 5:01 a.m., Trump Force One will be the first plane to land at the newly renamed Palm Beach International Airport\u2014now and forever President Donald J. Trump International Airport,\u201d Eric Trump wrote on X in the early hours of Thursday morning. <\/p>\n<div>\n<p>\u201cThere is no person who has done more for Florida and our country, and no one more deserving of this incredible honor,\u201d he went on. \u201cAs a son, and someone who flies out of this airport nearly every day, I will forever be proud to see the initials \u2018DJT\u2019 on my boarding pass. Congratulations Dad \u2014 I\u2019m happy to have played a big role in making this happen.\u201d<\/p>\n<\/div>\n<p>Eric Trump spearheaded efforts to rename the airport in his father\u2019s honor. He also, according to a Bloomberg report published less than two hours after his post, played a big role in wiping hundreds of millions of dollars from his family\u2019s holdings with a disastrous bet on the crypto industry.<\/p>\n<p>The American Bitcoin venture, which the younger Trump helped launch and now steers as chief strategy officer, has cratered since going public last year, the outlet writes, shedding over 95 percent from its September high.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=3150\">Trump Blows Up Claims That Mitch McConnell Is Healthy<\/a><\/p>\n<p>Things got so bad this week that the company had to pull an emergency maneuver, bundling every 15 shares into one, just to stay listed on the Nasdaq stock index. The price hit a record low on Wednesday. <\/p>\n<p>Bloomberg calculates that the crash has wiped out more than $600 million of Eric Trump\u2019s stake in the space of 10 months. His brother Donald Trump Jr. also advises the firm. Their father raked in over $1.4 billion in crypto last year, the outlet adds.<\/p>\n<p>Eric\u2019s move had been to bet big on Bitcoin itself. As the coin\u2019s price sank and investors piled onto artificial intelligence last year instead, rival miners like Riot Platforms and MARA Holdings rented out their computing power to AI companies\u2014and their stocks soared. <\/p>\n<p>American Bitcoin did not follow that lead, Bloomberg writes. It instead gambled that stockpiling the coin through the slump would eventually pay off. It hasn\u2019t yet, even as Eric refuses to sell. \u201cJust hold on, guys,\u201d he said at a Las Vegas crypto conference in April. \u201cJust hold on.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=3148\">ICE Barbie Aide\u2019s Bizarre Explanation for Deleting Secret Messages<\/a><\/p>\n<div>\n<p>The Daily Beast has contacted American Bitcoin for comment on this story. <\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>One of Donald Trump\u2019s sons got ahead of reports that he lost the first family more than $600 million by posting a cloying online tribute to his father. Read more Trump\u2019s Reflecting Pool Debacle Deepens With New Charges \u201cI am deeply honored that at 5:01 a.m., Trump Force One will be the first plane to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump\u2019s Son Wipes $600M From Family Fortune With Disastrous Bet - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=3152\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s Son Wipes $600M From Family Fortune With Disastrous Bet - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"One of Donald Trump\u2019s sons got ahead of reports that he lost the first family more than $600 million by posting a cloying online tribute to his father. 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