Eric Trump Has Lost $600 Million of Daddy’s Money Betting on Crypto ⁠85%

By Victor Tangermann⁠83%

7/10/2026, 5:53:44 AM

BS Summary: This article contains 34 faulty reasoning types, including Biased Writer Voice, Appeal to Emotion, and Framing Effect, with Negativity Bias as the most egregious example at 68.2% saturation with 305 hits. Analysis detected 1,957 faulty-reasoning hits from 447 analyzed words, generating a BS Score of 76.6% and a BS Rank of ⁠85% (3,395 of 21,887 articles). This article is worse (more manipulative) than 84.50% of the article peer group.

President Donald Trump’s son, Eric Trump, cofounded a crypto mining venture called American Bitcoin Corp last year — and it’s already in deep trouble. 
As the Bitcoin community reels from a major downturn — the digital currency has plummeted by over 40 percent year to date — the company’s shares have plummeted right along with it, crashing over a whopping 95 percent compared to their peak. 
On Wednesday, its stock price hit an all-time low of well under $6, down from a high of $140 last autumn. 
That means Eric Trump’s six percent stake in the company has lost more than $600 million in market value, per Bloomberg ‘s calculations , a bruising crypto play that perfectly illustrates the enormous risks of going all-in on extremely volatile digital assets. 
After merging with an existing mining company, the company made the questionable decision last year to pivot from building data centers — an extremely lucrative industry that has seen massive interest as of late — to crypto mining, a gambling-like practice that’s far from guaranteed to make a profit. 
Since then, the crypto world has had a rude awakening. 
As prices plunged, the industry made a sharp turn towards leasing all of that hardware to AI companies instead of mining Bitcoin. 
However, American Bitcoin stuck to its guns, ultimately going down with the ship. 
Most of its assets are tied up in crypto-mining hardware and Bitcoin holdings, meaning it didn’t really have anywhere to run. 
Eric Trump, meanwhile, is doubling down. 
“Thrilled to announce American Bitcoin crossing the 8,000 BTC mark!” 
he gloated in a July 7 tweet . 
“The stacking continues.” 
He also argued that it would be “beyond catastrophic” to sell its holdings during a recent podcast episode . 
Despite Trump’s enthusiasm, American Bitcoin lost well over $100 million in the first quarter of this year. 
Whether the tide will turn and crypto will see another rise in value is ultimately a question of belief. 
“Just hold on guys, just hold,” Eric Trump warned during this year’s Bitcoin Conference in Las Vegas. 
The elder Trump appears to have fared far better, reporting last week that he had made more than $1.4 billion in income from his family’s crypto ventures in 2025 — an astronomical conflict of interest , considering we’re talking about the president of the United States. 
More on Trump and crypto: Trump Fans Confused by How Their Investments in His Crypto and Stock Are Now Worth a Tiny Fraction While He’s Getting Richer 
The post Eric Trump Has Lost $600 Million of Daddy’s Money Betting on Crypto appeared first on Futurism . 
Article reasoning-pattern comparisonThis article: 13.2%Victor Tangermann: 6.3%Futurism: 6.1%Confirmation Bias13.2%This article: 4.7%Victor Tangermann: 2.6%Futurism: 1.6%Anchoring Bias4.7%This article: 11.6%Victor Tangermann: 5.5%Futurism: 6.2%Availability Heuristic11.6%This article: 10.3%Victor Tangermann: 1.4%Futurism: 1.5%Representativeness Heuristic10.3%This article: 0.0%Victor Tangermann: 1.0%Futurism: 0.6%Hindsight Bias0.0%This article: 8.5%Victor Tangermann: 2.3%Futurism: 2.7%Overconfidence Bias8.5%This article: 27.1%Victor Tangermann: 11.3%Futurism: 11.3%Framing Effect27.1%This article: 4.3%Victor Tangermann: 1.9%Futurism: 1.2%Loss Aversion4.3%This article: 11.0%Victor Tangermann: 0.6%Futurism: 0.7%Status Quo Bias11.0%This article: 0.0%Victor Tangermann: 0.5%Futurism: 0.2%Sunk Cost Effect0.0%This article: 6.7%Victor Tangermann: 2.8%Futurism: 2.2%Optimism Bias6.7%This article: 12.3%Victor Tangermann: 6.1%Futurism: 4.4%Pessimism Bias12.3%This article: 68.2%Victor Tangermann: 23.7%Futurism: 22.5%Negativity Bias68.2%This article: 10.3%Victor Tangermann: 2.1%Futurism: 1.6%Self-Serving Bias10.3%This article: 4.7%Victor Tangermann: 0.7%Futurism: 1.2%Fundamental Attribution Error4.7%This article: 0.0%Victor Tangermann: 0.1%Futurism: 0.2%Actor-Observer Bias0.0%This article: 0.0%Victor Tangermann: 0.2%Futurism: 0.6%In-Group Bias0.0%This article: 0.0%Victor Tangermann: 0.3%Futurism: 0.3%Out-Group Homogeneity Bias0.0%This article: 10.3%Victor Tangermann: 0.9%Futurism: 1.1%Halo Effect10.3%This article: 0.0%Victor Tangermann: 0.5%Futurism: 0.6%Horn Effect0.0%This article: 0.0%Victor Tangermann: 0.0%Futurism: 0.1%Dunning-Kruger Effect0.0%This article: 10.3%Victor Tangermann: 2.3%Futurism: 2.1%Recency Bias10.3%This article: 0.0%Victor Tangermann: 0.6%Futurism: 0.5%Primacy Effect0.0%This article: 0.0%Victor Tangermann: 0.1%Futurism: 0.1%Blind-Spot Bias0.0%This article: 12.1%Victor Tangermann: 1.9%Futurism: 1.4%Ad Hominem12.1%This article: 11.0%Victor Tangermann: 0.6%Futurism: 0.7%Straw Man11.0%This article: 10.3%Victor Tangermann: 7.8%Futurism: 6.8%Appeal to Authority10.3%This article: 15.2%Victor Tangermann: 2.5%Futurism: 2.6%False Dilemma15.2%This article: 2.9%Victor Tangermann: 3.2%Futurism: 2.5%Slippery Slope2.9%This article: 0.0%Victor Tangermann: 0.2%Futurism: 0.1%Circular Reasoning0.0%This article: 11.4%Victor Tangermann: 10.0%Futurism: 10.5%Hasty Generalization11.4%This article: 0.0%Victor Tangermann: 0.9%Futurism: 1.0%Red Herring0.0%This article: 6.0%Victor Tangermann: 0.9%Futurism: 1.1%Bandwagon6.0%This article: 33.3%Victor Tangermann: 8.8%Futurism: 9.5%Appeal to Emotion33.3%This article: 4.3%Victor Tangermann: 1.7%Futurism: 1.5%Begging the Question4.3%This article: 9.4%Victor Tangermann: 3.9%Futurism: 4.0%Post Hoc (False Cause)9.4%This article: 3.8%Victor Tangermann: 0.2%Futurism: 0.2%Tu Quoque3.8%This article: 0.0%Victor Tangermann: 1.0%Futurism: 1.1%Burden of Proof0.0%This article: 0.0%Victor Tangermann: 0.1%Futurism: 0.4%Appeal to Nature0.0%This article: 4.7%Victor Tangermann: 0.3%Futurism: 0.3%Composition/Division4.7%This article: 3.8%Victor Tangermann: 3.8%Futurism: 4.4%Anecdotal3.8%This article: 0.0%Victor Tangermann: 0.1%Futurism: 0.1%No True Scotsman0.0%This article: 9.4%Victor Tangermann: 3.1%Futurism: 2.7%Ambiguity (Equivocation)9.4%This article: 0.0%Victor Tangermann: 0.0%Futurism: 0.0%Gambler’s Fallacy0.0%This article: 0.0%Victor Tangermann: 0.3%Futurism: 0.2%Middle Ground0.0%This article: 0.0%Victor Tangermann: 0.2%Futurism: 0.1%Personal Incredulity0.0%This article: 1.3%Victor Tangermann: 0.2%Futurism: 0.3%Special Pleading1.3%This article: 0.0%Victor Tangermann: 0.1%Futurism: 0.3%Genetic Fallacy0.0%This article: 0.0%Victor Tangermann: 4.1%Futurism: 3.9%Unattributed Quote0.0%This article: 6.0%Victor Tangermann: 2.4%Futurism: 2.6%Quote-first Misdirection6.0%This article: 64.9%Victor Tangermann: 21.7%Futurism: 20.7%Biased Writer Voice64.9%This article: 4.3%Victor Tangermann: 1.3%Futurism: 2.1%Indoctrination4.3%This article: 10.3%Victor Tangermann: 2.2%Futurism: 2.3%Politically Left Leaning Bias10.3%This article: 0.0%Victor Tangermann: 0.5%Futurism: 0.3%Politically Right Leaning Bias0.0%This article: 0.0%Victor Tangermann: 1.2%Futurism: 1.6%Attempt to Sell a Product or S…0.0%

447 words analyzed.

Speakers

1speaker11%attributed speech398writer words
Voice mapSelect a segment to jump to its words
Writer's voice • 12 words • 100.0% coverageWriter's voice • 24 words • 100.0% coverageWriter's voice • 42 words • 100.0% coverageWriter's voice • 21 words • 0.0% coverageWriter's voice • 42 words • 100.0% coverageWriter's voice • 49 words • 100.0% coverageWriter's voice • 10 words • 100.0% coverageWriter's voice • 22 words • 0.0% coverageWriter's voice • 13 words • 100.0% coverageWriter's voice • 21 words • 100.0% coverageWriter's voice • 6 words • 100.0% coverageEric Trump • 10 words • 0.0% coverageWriter's voice • 8 words • 100.0% coverageEric Trump • 3 words • 0.0% coverageEric Trump • 19 words • 0.0% coverageWriter's voice • 17 words • 100.0% coverageWriter's voice • 19 words • 100.0% coverageEric Trump • 17 words • 0.0% coverageWriter's voice • 46 words • 100.0% coverageWriter's voice • 27 words • 100.0% coverageWriter's voice • 19 words • 0.0% coverage
Selected voice

Eric Trump

100%flagged-word coverage
49 attributed words100% of attributed speech95% writer coverage
0%37.5%75.0%Biased Writer Voice-72.9 ptsWriter: 72.9%Eric Trump: 0.0%0.0%Politically Left Leaning B-11.6 ptsWriter: 11.6%Eric Trump: 0.0%0.0%Quote-first Misdirection-6.8 ptsWriter: 6.8%Eric Trump: 0.0%0.0%Indoctrination-4.8 ptsWriter: 4.8%Eric Trump: 0.0%0.0%

Attribution is sentence-level. Pattern percentages are calculated only from words assigned to that voice.

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Analysis

Hover over highlighted words in the article to view the associated bias or fallacy analysis.