American Bitcoin, a firm founded by Eric Trump, aims to mine Bitcoin at significantly lower prices than the market. During an interview at Consensus 2025, he outlined his strategy, which differs from traditional accumulation methods.
New Mining Strategy Targets Cost Efficiency
Eric Trump stated that his firm plans to mine Bitcoin at production costs between $37,000 and $38,000 per coin. This is significantly lower than the current Bitcoin price, which remains above $100,000. American Bitcoin intends to focus solely on mining, rather than purchasing Bitcoin, which should help it accelerate its holdings.
Race Against MicroStrategy Intensifies
MicroStrategy remains the largest corporate Bitcoin holder, recently acquiring an additional 13,390 BTC for $1.34 billion, bringing its total holdings to 568,000 BTC. In contrast, American Bitcoin aims to surpass this figure through a production model instead of purchases. Eric Trump emphasized that while other institutions continue to buy Bitcoin at high prices, his company will produce it at a much lower cost.
Political and Regulatory Concerns Surface
As American Bitcoin expands its mining operations, scrutiny is increasing due to the Trump family's broader involvement in crypto. Market observers have raised concerns about potential market manipulation and conflicts of interest tied to political influence.
Despite growing political and regulatory risks, Eric Trump remains focused on building his position in the Bitcoin market through mining rather than purchases. American Bitcoin aims to establish itself as a leading player in this sector.
