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Eric Trump: “We mine bitcoin for roughly $0.50 on the dollar to the…”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

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Bitcoin's journey to quickly becoming the 'greatest asset of our time': Eric Trump

Published | Video Starts at 02:55

The lower the energy you have, the higher your gdp, and that's what we want for this country. So we're doing it in West Texas using some of the lowest energy costs. Brian, we're mining We mine bitcoin for roughly $0.50 on the dollar to the average, you know, to the spot price of BTC. Every single day, 24 hours a day, we're mining bitcoin and we're adding it. And we believe this asset is going to be transformational. (02:55–03:03)

CLAIM

Asserts that American Bitcoin mines bitcoin at half the cost of the spot price.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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