Bloomberg Talks Eric Trump Pledges "Heart and Soul" in Bitcoin Venture
Nov 13, 2025
Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin and Executive Vice President of the Trump Organization, dives deep into the potential of Bitcoin mining. He shares insights on leveraging renewable energy sources, specifically in West Texas. Eric discusses the competitive edge of American Bitcoin, emphasizing operational advantages over political connections. His bullish perspective includes commitment to Bitcoin accumulation while rejecting pivots to AI. With a long-term vision, he forecasts American Bitcoin as a leader in the sector in the years to come.
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Mining To Increase Bitcoin Per Share
- Eric Trump says American Bitcoin increases Bitcoin-per-share by mining at roughly half the spot cost.
- The company mines 24/7 in low-cost U.S. facilities to grow shareholder BTC holdings over time.
Cheap Renewable Power Fuels Mining
- Eric Trump highlights access to extremely cheap renewable energy from underutilized wind farms in West Texas.
- He credits long, cheap contracts and diverse energy sources for low production costs.
Sticking To Bitcoin Mining
- Eric Trump rejects miner pivots to AI and says American Bitcoin will ramp up mining instead.
- He cites Bitcoin's strong multi-year returns and long-term outperformance despite volatility.