RT by @mikenov: RT by @mikenov: A massive market reality check for the Trump crypto bet. American Bitcoin Corp. (ABTC), co-founded by Eric Trump, has seen its stock collapse 97% from its post-election peak, wiping out an estimated $600 million in paper wealth and forcing an emergency reverse stock split to maintain its Nasdaq listing. The crash highlights a brutal capital rotation: the AI boom is leaving pure-play Bitcoin miners behind. While forward-looking miners pivoting their power grids and data infrastructure to host high-performance AI compute are hitting record highs, pure-crypto treasury plays are facing severe institutional outflows. Real energy assets beat pure speculation in 2026