Eric Trump
Speaking at a Florida tech conference, Eric Trump called the current Bitcoin pullback "a great time to buy" and described BTC as "the greatest asset of our time." He pointed out Bitcoin had traded near $16,000 as evidence the long-term uptrend remains intact.
American Bitcoin Corp. (NASDAQ:ABTC) reports third-quarter results before markets open Friday; investors will watch production, Bitcoin holdings, and any updates tied to Eric Trump's venture. The print could influence near-term trading given the company’s balance-sheet exposure and recent market momentum.
Eric Trump says bitcoin is rapidly becoming "the greatest asset of our time" as American Bitcoin Corp. commits to growing BTC reserves. ABTC, led by the Trump brothers and Hut 8’s Asher Genoot, will add bitcoin through mining and balance-sheet purchases.
American Bitcoin began trading on Nasdaq on September 3, 2025, after merging with Gryphon Digital Mining. Supported by Eric and Donald Trump Jr., the company focuses on self-mining and buying bitcoin, reflecting a growing trend of public firms investing in crypto amid near all-time high prices.
American Bitcoin, supported by Eric Trump and Donald Trump Jr., is merging with Gryphon Digital Mining and aims to start trading in early September 2025 under the ticker ABTC. The company plans to expand bitcoin holdings through mining and purchasing, with significant ownership by the Trump family and investors like the Winklevoss twins.
American Bitcoin is set to start trading on the Nasdaq this September. The company has attracted investments from both crypto enthusiasts and traditional investors, including notable figures like Eric Trump. This development marks a significant milestone in the integration of Bitcoin-related companies into mainstream financial markets.