Eric Trump says he entered the crypto space for political reasons and calls Bitcoin "digital gold"
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Report: Eric Trump, son of former U.S. President Trump, referred to Bitcoin as "digital gold" at the Consensus 2025 conference, revealing his entry into the crypto field due to political factors. He stated that political attacks on the Trump family prompted an alliance with the crypto community. The Bitcoin mining company American Bitcoin, co-founded by Eric, plans to go public through a merger with Gryphon Digital Mining. Eric Trump acknowledged Bitcoin's liquidity, pointing out the limitations of real estate liquidity. Hut 8's CEO revealed that the merger aims to quickly list American Bitcoin, deliberately including "American" and "Bitcoin" keywords in the company name. Eric Trump currently serves as the chief strategy officer of the mining enterprise, which is a result of collaboration with Hut 8. (CoinDesk)
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