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Eric Trump: “We're mining bitcoin every single day for roughly 50% of…”

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

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Eric Trump: "Bitcoin Will Replace Gold"

Published | Video Starts at 14:23

It's like that same idea. I get it. Yeah, exactly. And so that's, that's what formed abc. Yeah. So ABTC is their, their job today is what, what are they doing? We're mining bitcoin every single day for roughly 50% of what bitcoin trades at right now. So bitcoin's at about 110,000. Yeah. And we're mining every single day. We're mining a lot of bitcoin for roughly 50%. (14:23–14:28)

CLAIM

Asserts that their bitcoin mining operation costs are approximately 50% of the current trading price of bitcoin.

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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