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Eric Trump: “We're mining bitcoin at roughly $0.50 on the dollar to the…”

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

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Eric Trump on the Trading Debut of American Bitcoin

Published | Video Starts at 00:18

You think about Michael Saylor strategy being the most prominent of them all. What differentiates American Bitcoin? Okay, at its core we have a great mining business, right, right now We're mining bitcoin at roughly $0.50 on the dollar to the actual price of bitcoin. We're mining a lot of it. We're using the Hut 8 infrastructure in order to do so. And so we've got an unbelievable advantage. (00:18–00:23)

CLAIM

Asserts that American Bitcoin mines bitcoin at a 50% discount to its market price.

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