Eric Trump, the second son of US President Donald Trump, is expected to appear at this year’s consensual conference to discuss his vision to reshape Bitcoin’s extraction in the United States.
Trump will talk about American Bitcoin, a new company formed with Hut 8 where he is director of strategy.
“The launch of American Bitcoin represents a transformer moment for Bitcoin extraction in North America,” Trump said in a statement. “I am so proud to finally reveal our daring vision of this initiative, which, in our view, will become the largest and most effective of the greatest pure bitcoin minor.”
Launched on March 31, American Bitcoin said that he was aimed at becoming the largest pure game co -gaming minor, targeting more than 50 eh / s of mining capacity.
Eric Trump should speak on May 15 during the 2025 consensus, which takes place in Toronto from May 14 to 16.
The consensus, which is organized by Coindesk, is known as the oldest conference in the digital asset industry, with the attendance regularly 15,000 people. This year’s event will be at Metro Toronto Convention Center in downtown Toronto.
American Bitcoin is one of the many crypto companies launched by the Trump family. Eric Trump also supports World Liberty Financial, a DEFI protocol and a planned blockchain market where users can borrow and lend cryptocurrencies, create liquidity pools and exchange stablescoins. In March, WLFI announced that it planned to launch its own stablecoin, USD1, Bitgo providing childcare services.
In addition, Eric Trump is also Metaplanet advisor, the biggest Bitcoin holder in Japan, who follows a Bitcoin Typery model of Michael Saylor / Strategy type. He is also an advisor to Dominari Holdings, a wealth management company, which, in March, revealed that she had bought $ 2 million from Ishares Bitcoin Trust (IBIT) of BlackRock.
Eric Trump told CNBC this month that the Trump organization had been attracted to the crypto after being “debated” by several financial groups during the Biden administration. “This is actually what pushed us to cryptocurrency,” he said.
“You realize that the cryptocurrency was much faster, it was much more pragmatic, it was much more transparent, it was exponentially cheaper.” “At this stage, I know almost everyone in the industry in a way or a form or form,” he told CNBC. “I fell in love with industry, you know, a few years ago, and I really immersed myself.”
Eric Trump’s crypto interventions have not all succeeded. In February, Trump tweeted that it was a “good time to add” Ether (ETH), which was negotiated about $ 2,700 at the time. At the time of the press, it is negotiated about $ 1,500.
