Eric Trump Takes the Stage at Consensus 2025: Is Bitcoin Ready for the Trump Touch?

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What you should know:

  • Eric Trump will share his grand ambitions for American Bitcoin at Consensus 2025.
  • His goal? To create the world’s largest Bitcoin mining empire, with a mind-boggling 50 EH/s mining capacity.
  • Eric’s no stranger to the crypto world, with past roles at World Liberty Financial, Metaplanet, and Dominari Holdings.

Ah, Eric Trump—son of the former President and now with a new mission: reshaping the world of Bitcoin mining. How delightful. This time, he’s taking center stage at Consensus 2025 to talk about his latest venture, American Bitcoin. Oh, and did I mention he’s also the Chief Strategy Officer? Because who else could lead such an important endeavor?

“The launch of American Bitcoin is a transformative moment,” Eric triumphantly declared, surely hearing the trumpets in the background. “We are confident it will become the world’s largest and most efficient pure-play Bitcoin miner.” You could almost hear the applause. Or maybe that was just a strong gust of wind.

Launched on March 31, American Bitcoin’s mission is grand—over 50 EH/s of mining capacity. The thing about these figures is that they’re impressive… if you’re into that sort of thing. That’s more electricity than most small nations consume. So, we’re really aiming for the stars, aren’t we?

Now, mark your calendars—on May 15, Eric will grace the stage at Consensus 2025, which runs from May 14-16 in Toronto. This conference, known for attracting a crowd of over 15,000 people, promises to be the place for all things crypto. Just imagine the energy, the excitement. Or perhaps it’s just a lot of people nodding knowingly, while pretending they understand Bitcoin mining.

But wait, there’s more! American Bitcoin isn’t Eric’s first crypto rodeo. He’s also involved in World Liberty Financial (a DeFi platform), where you can borrow and lend cryptocurrencies, create liquidity pools, and trade stablecoins. Oh, and WLFI is planning to launch its own stablecoin. So many coins, so little time. And let’s not forget his role as an advisor at Metaplanet, the Japanese Bitcoin mogul, and Dominari Holdings, a wealth management firm that bought $2 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) shares. A truly diversified crypto portfolio, it seems.

Now, let’s not get carried away with all this crypto success. Eric Trump recently admitted that his foray into crypto wasn’t all sunshine and rainbows. In February, he tweeted that it was a “good time to add” ether (ETH) when it was trading around $2,700. It’s now hovering closer to $1,500. Oops.

But hey, no biggie. In the world of crypto, losses are just another opportunity to buy the dip, right? Just another day in the digital asset jungle.

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2025-04-16 19:26