Eric Trump Touts Crypto As 'Greatest Hedge To Real Estate' As His Bitcoin Mining Company Makes An Impressive Wall Street Debut
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Eric Trump, co-founder of American Bitcoin Corp., described cryptocurrency as the "greatest hedge" to real estate during a Fox Business interview. He emphasized the rapid growth of the crypto industry, stating it is highly sought after globally. American Bitcoin recently debuted on the stock market, significantly increasing the Trump family's stake to over $1.50 billion. The company aims to mine Bitcoin at the lowest cost using American energy. As of now, Bitcoin is priced at $112,925.54, with American Bitcoin shares rising over 20% since their debut.
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