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Eric Trump, the third child of President Donald Trump, showed his latest crypto initiative in Hong Kong this week and according to him it was going to the moon.
Trump spoke at the Bitcoin Asia 2025 conference in Hong Kong, combining the first stop of the series of Crypto event across Asia to various members of Trump’s family.
At the conference, Trump announced that his family “loves” the Crypto community and has reduced concern about the president’s interest in the art with the art. He further predicts that Bitcoin will hit the mark of 1 million prices in the next few years (it always remains 1 million dollars with these boys) And, amazingly, he used the spotlight to plug in his own project American Bitcoin.
“We are one of the largest Bitcoin mining companies in the world,” Trump told the crowd. According to NBC NewsThe “We are about 3% of the world’s Bitcoin every day.”
Trump launched American Bitcoin in March with his older brother Donald Trump Jr. and Energy Infrastructure Agency Hut 8. American Bitcoin is an industrial-scale bitcoin mining and strategic Bitcoin Reserve Development Agency. A Press releaseThe company says its aim is “the world’s largest, most efficient pure-play Bitcoin mineral.”
Trump made the remarks that since the company was planning to “soon” the public by integrating with Griffon Digital Mining, the company.
According to Trump, his family first became interested in Crypto after the traditional banking services were separated from the father’s involvement in politics.
The NBC said the Crypto industry, who was unjustly targeted by the Biden administration, accepted Trump and Trump dropped approximately $ 1 million behind the power of the Senior and other crypto-friendly candidates selected during the 2021 cycle, the NBC said.
And this seems to be paid on this scheme. Since returning to the office in January, Trump has moved away to simplify Crypto regulations, appointed a so -called “crypto jazer” and even organized a White House summit with art leaders. Only last month, he signed the Genius Act by setting the federal rules for Stabilion.
In the second term of Trump, the price of Bitcoin has risen, today is $ 5,700, about $ 70,000 to 55% higher on last year’s election day.
Watchdog group State Defender Fund In mid -March, Trump’s crypto assets were worth $ 2.5 billion on paper, which was about 37% of its total assets.
Launched before Trump’s second inauguration thanks to most of that fate for the $ Trump Memakian initiative. His wife, Melania Trump, even has a reminiscent of her own.
In May, Trump (formally) spent just 20 minutes $ Trump’s top 220 buyers are at a private dinner near Washington, each of whom spent an average of $ 1 million in tokens, $ 148 million in total.