Eric Trump organized a detailed overview of the American Bitcoin Texas complex for an audience on social network X. The video shows rows of modern equipment with liquid cooling systems. The 35,000 cryptocurrency mining devices installed operate exclusively on renewable American energy sources, emphasized the company’s partner.
Impressive mining metrics and infrastructure
According to Trump, the daily mining volume at the site accounts for 2% of the global Bitcoin supply. Achieving such results requires a serious physical infrastructure: powerful servers, reliable cooling systems, and stable electricity supply. This tangible physical infrastructure, in the businessman’s opinion, confirms the materiality of Bitcoin itself.
From partnership to leadership
Eric Trump founded American Bitcoin in March of this year together with his brother Donald Trump Jr. The company’s ownership structure is as follows: Hut 8 Group owns 80% of the shares, with the remaining 20% owned by American Data Centers, managed by Eric Trump. Currently, the company controls a portfolio of 4,004 bitcoins, placing it 25th among the largest corporate BTC holders.
Intensive expansion through investments
In addition to producing bitcoins on its own farm, American Bitcoin actively replenishes reserves through capital raising. Over nine months of operation, (from March to November), the company attracted $220 million, directing these funds toward acquiring additional bitcoins and expanding its mining equipment fleet. Eric Trump does not hide his ambitions: the company aims to become one of the most influential players in the crypto market globally.
Recently, Trump mentioned several reasons why Bitcoin could surpass the psychological level of $1 million, reflecting growing investor confidence in the long-term potential of the leading cryptocurrency.
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American Bitcoin demonstrates the scale of American mining: an inside look
Eric Trump organized a detailed overview of the American Bitcoin Texas complex for an audience on social network X. The video shows rows of modern equipment with liquid cooling systems. The 35,000 cryptocurrency mining devices installed operate exclusively on renewable American energy sources, emphasized the company’s partner.
Impressive mining metrics and infrastructure
According to Trump, the daily mining volume at the site accounts for 2% of the global Bitcoin supply. Achieving such results requires a serious physical infrastructure: powerful servers, reliable cooling systems, and stable electricity supply. This tangible physical infrastructure, in the businessman’s opinion, confirms the materiality of Bitcoin itself.
From partnership to leadership
Eric Trump founded American Bitcoin in March of this year together with his brother Donald Trump Jr. The company’s ownership structure is as follows: Hut 8 Group owns 80% of the shares, with the remaining 20% owned by American Data Centers, managed by Eric Trump. Currently, the company controls a portfolio of 4,004 bitcoins, placing it 25th among the largest corporate BTC holders.
Intensive expansion through investments
In addition to producing bitcoins on its own farm, American Bitcoin actively replenishes reserves through capital raising. Over nine months of operation, (from March to November), the company attracted $220 million, directing these funds toward acquiring additional bitcoins and expanding its mining equipment fleet. Eric Trump does not hide his ambitions: the company aims to become one of the most influential players in the crypto market globally.
Recently, Trump mentioned several reasons why Bitcoin could surpass the psychological level of $1 million, reflecting growing investor confidence in the long-term potential of the leading cryptocurrency.