Eric Trump Bets on Low-Cost Mining Over Market Buys in BTC Strategy

Quick Summary:

Eric Trump has entered the Bitcoin race with a mining-first approach, aiming to acquire BTC at a fraction of market price.

During Consensus 2025, he disclosed that his firm, American Bitcoin, plans to mine Bitcoin at production costs between $37,000 and $38,000 per coin.

Observers continue to monitor how American Bitcoin will navigate these challenges while attempting to overtake established players.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesUnited States

Topics: Market News Market Updates Bitcoin BTC Eric trump Mining

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 10:43:32 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 433 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28747325

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

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