A certain Bitcoin company aggressively bought 363 BTC, but its stock price first plunged 40% before rebounding—Trump family declares, "I won't run."

2025-12-04 18:40:22

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[Crypto World] A certain Bitcoin company has made another move, this time directly scooping up 363 BTC, bringing its total holdings to 4,367 BTC—which is just over $400 million at current prices.

However, the market’s reaction to this move has been rather subtle. As soon as the lockup period expired, the stock price immediately plunged nearly 40%. The speed at which the capital market “voted with its feet” was truly impressive. Fortunately, there was a slight recovery on Wednesday, with a single-day rebound of 9%, offering some consolation to die-hard fans.

Eric Trump, on the other hand, stepped up to make a statement, saying the company’s fundamentals are solid and he has no plans to sell his shares. Is this genuine confidence backed by real money, or just a public show of support? Whether this is a bottom-fishing opportunity or catching a falling knife depends on whether BTC can hold up against this wave of institutional buying.

BTC-0.38%

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SmartContractWorker

· 12-05 21:06

The Trump family's statements this time are honestly a bit awkward. I'm just worried that they say they won't sell, but then turn around and make a run for it.

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