Eric Trump claims that his company returns “3 % of Bitcoin in the world every day”

Photo of author

By [email protected]


Eric Trump, the third child of President Donald Trump, attended in Hong Kong this week for the last heat project, and according to him, he will go to the moon.

Trump spoke at the Bitcoin Asia 2025 conference in Hong Kong, the first station in a planned series of encryption events throughout Asia, which includes the various members of the Trump family.

At the conference, Trump announced that his family “loves” the encryption community and reduce concerns about the conflict of interests with this industry. He also expected Bitcoin to reach the price sign of one million dollars in the next few years (it’s always One million dollars with these men). This is not surprising, use the lights to connect his own project, American Bitcoin.

“We are one of the largest bitcoin mining companies on the ground,” Trump told the crowd. According to NBC News. “We will get about 3 % of Bitcoin in the world every day.”

Trump launched the American Bitcoin coin in March with his older brother, Donald Trump Junior, and the HUT 8. in press releaseThe company said it aims to “become the largest pure bitcoin mines in the world.”

Trump made a comment, as the company plans to go to “very soon” through a combination with Gryphon Digital Mining, a company listed on the Nasdaq Stock Exchange.

The issue of the Trump family love

According to Trump, his family first took care of encryption after he was cut off from traditional banking services because of his father’s participation in politics.

The encryption industry, which saw itself being unfairly targeted by the Biden Administration, converted to Trump and threw an estimated $ 135 million behind Trump’s father and other friendly candidates for the encryption that was elected during the 2024 session, NBC said.

The scheme appears to have resulted. Since his return to office in January, Trump has moved to reduce encryption regulations, appointed the so -called “Crypto CZAR”, and hosted until the top of the White House with industrial leaders. Only last month, the genius law fell, and the federal rules were established for Stablecoins.

The Bitcoin price increased throughout Trump’s second period, sitting at $ 108,000 today, an increase of 55 % of about 70,000 dollars on election day last year.

How much President Trump made from encryption?

International Energy Agency Group Government Democratic Defenders Fund It is estimated that, as of mid -March, Trump’s origins were $ 2.9 billion on paper, which represents about 37 % of his total wealth.

Most of this is a wealth thanks to projects like $ Trump Memecoin, which was launched before Trump’s second opening. His wife, Melania Trump, has even Mimikoin on his own.

in May, Trump spent only 20 minutes At a special dinner near Washington to get the best 220 buyers for $ TROMP, each of them made an average of one million dollars on the distinctive symbol, with a total of $ 148 million.



https://gizmodo.com/app/uploads/2024/09/An-image-of-Bitcoin-cryptocurrency.jpg

Source link

Leave a Comment