- Trump-linked firms hold over $500M in Bitcoin and crypto assets.
- Crypto projects added about $1.4B to the Trump family’s wealth in one year.
- Locked founder tokens valued at about $3.8B excluded from net worth estimates.
Trump crypto holdings have grown as the U.S. president’s family increased its involvement in Bitcoin and broader digital-asset ventures, according to recent disclosures and media reports. In an interview, Eric Trump outlined corporate Bitcoin positions, sovereign wealth fund interest, and mining initiatives.
Eric Trump stated that companies linked to the family now hold more than $500 million worth of Bitcoin and other cryptocurrencies. He said sovereign wealth funds have entered the crypto market due to concerns over currency stability and traditional banking systems.
In a Yahoo Finance interview, he noted that developing countries more often use cryptocurrency to access modern financial tools. He also said some governments mine Bitcoin using surplus energy and include Bitcoin in national reserves. Trump added that adoption has expanded across Asia and the Middle East, with Fortune 500 companies and sovereign wealth funds accumulating Bitcoin.
Trump Crypto Holdings and American Bitcoin Mining Strategy
Eric Trump co-founded American Bitcoin with Asher Gnut to build cryptocurrency mining operations in the United States. He said the company focuses on acquiring Bitcoin and delivering low-cost mining solutions using surplus energy in West Texas.
Trump described Bitcoin as a hedge against inflation and monetary system risks, while highlighting its liquidity and global accessibility. He also said blockchain technology can address the weaponization of banking systems.
Gnut said the company is developing data centers to support artificial intelligence applications and acknowledged discussions of an AI market bubble, but said the sector remains in an early stage of development.
Bloomberg Report on Trump Family Crypto Wealth
Bloomberg reported that the Trump family added about $1.3 billion in crypto-related assets within one year of Donald Trump taking office, representing roughly one-fifth of the family’s net worth. The report said the family’s total net worth remained near $6.8 billion, with gains offset by declines in Trump Media & Technology Group Corp.
They also reported that the family generated more than $1 billion in realized proceeds from crypto projects, including a DeFi initiative and an official memecoin. The family still holds founder tokens valued at about $3.8 billion, although Bloomberg excluded these assets from net worth calculations because they remain locked.
Related: One-Fifth of Trump Family Wealth Comes from Crypto, Worth $1.4 Billion
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Source: https://coinedition.com/trump-linked-firms-hold-over-500m-in-crypto-eric-trump/
