Eric Trump Rejects Forbes' $500M Loss Claim, Touts 58% BTC Holdings Surge

Eric Trump rejected Forbes' claim of $500M retail losses at Nasdaq-listed American Bitcoin, spotlighting a 58% Q4 increase in BTC holdings to over 7,000 coins (~$539M), $78.3M revenue up 22% QoQ, nearly 90,000 miners at ~28 EH/s, and mining costs 53% below market. The defense follows a April 28 Forbes probe alleging arbitrage tactics erased value as ABTC's market cap plunged 92% from $13.2B to ~$1.24B, with shares at $1.19 versus $175 peak. Ongoing rebuttals highlight BTC accumulation amid governance scrutiny, fostering mixed sentiment for corporate Bitcoin strategies.