Eric Trump Cheers Bitcoin: More Liquidity Than Real Estate

Eric Trump Cheers Bitcoin During Consensus 2025: “More Liquidity Than Real Estate”

17 May 2025 at 06: 27

Reading time: 2 minutes

At the Consensus 2025 conference in Toronto, Eric Trump, the son of the US president, spoke positively about Bitcoin (BTC). For him, this cryptocurrency is the digital equivalent of gold and a reliable way to store value. In a striking statement, he claimed that Bitcoin even surpasses real estate in terms of liquidity – a remarkable statement, given his background in the real estate sector.

From real estate to crypto

During his speech, Trump shared how his interest in Bitcoin was sparked when his family came under fire from political opponents. “The same people who were attacking my family were also attacking the crypto space. It created an unexpected bond,” he said. He illustrated the benefits of Bitcoin by referencing his own experience with real estate: “I sold a hotel two years ago. It took a year and a half to close that deal because of all the paperwork and management. Bitcoin, on the other hand, you can trade it right away, without all that hassle,” he enthused.

American Bitcoin: His New Mining Company

Trump believes in the future of Bitcoin and has therefore founded American Bitcoin, a new mining company that he is shaping together with Hut 8. The company has ambitious plans to go public soon via a merger with Gryphon Digital Mining. The name was not chosen by chance: “It had to have both 'American' and 'Bitcoin' in it. That's what we stand for,” he declared.

“Exponential growth” in prospect

Eric Trump was also positive about Bitcoin during the Bitcoin MENA event in Abu Dhabi. He revealed that both he and his father, the US president, have made investments in the cryptocurrency. Donald Trump himself is said to own a significant amount of BTC. Eric expects that they will benefit together from the “exponential growth” that he predicts for Bitcoin. This caused a stir among investors. If the president actually owns a lot of Bitcoin, he has an interest in the price rising. With his influence in the largest economy in the world, he could well drive that rise.

Frequently Asked Questions

What is Eric Trump's view on Bitcoin?
Eric Trump considers Bitcoin to be the digital equivalent of gold and a reliable store of value. He believes Bitcoin even surpasses real estate in liquidity.

Why did he become interested in Bitcoin?
His interest in Bitcoin arose when his family came under political attack, leading to an attachment to the crypto world.

What is American Bitcoin?
American Bitcoin is a new mining company founded by Eric Trump in partnership with Hut 8, with plans to go public soon via a merger with Gryphon Digital Mining.

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