American Bitcoin Corp. (NASDAQ: ABTC) shares recovered in after-hours trading after a sharp drop due to the lockup period expiration, including co-founder Eric Trump. ABTC stock is key at technical levels. It gained over 4% after-hours, following a regular session decline of over 50%. Trump confirmed early investors can now cash in on profits, as he holds 68.147 million shares worth $149.24 million. American Bitcoin completed a stock merger with Hut 8 Corp. and holds 4,004 BTC worth $372 million.

Read more at Yahoo Finance: Eric Trump Says He’s Not Selling As American Bitcoin Shares Crash 38%: ‘Fundamentals Are Virtually Unmatched’