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Apr 16, 2025
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Eric Trump to Speak at Consensus 2025 on Bitcoin Mining Vision

1 min

Eric Trump will speak at the Consensus 2025 conference on May 15, discussing his role in reshaping bitcoin mining through a new venture called American Bitcoin, formed with Hut 8. He serves as Chief Strategy Officer.

Key points about American Bitcoin:

  • Aims to become the world's largest pure-play Bitcoin miner.
  • Targets over 50 EH/s of mining capacity.
  • Launched on March 31.

The Consensus conference, organized by CoinDesk, attracts over 15,000 attendees annually and will take place at the Metro Toronto Convention Centre from May 14-16.

In addition to American Bitcoin, Eric Trump is involved in:

  • World Liberty Financial, a DeFi protocol planning to launch a stablecoin.
  • Advisory roles with Metaplanet and Dominari Holdings, which has invested $2 million in BlackRock's iShares Bitcoin Trust.

Trump stated that the Trump Organization turned towards cryptocurrency after being "debanked" during the Biden Administration, citing benefits such as speed and cost-effectiveness. However, not all investments have been successful; a recommendation to buy ether (ETH) at around $2,700 was followed by a drop to approximately $1,500.