On CNBC, Eric Trump said Bitcoin had “Taken the role of gold in today's world”propelling crypto to the rank of strategic refuge value. This media outing coincides with the launch of American Bitcoin, a BTC mining and detention company of which it is close. Far from a simple announcement effect, this declaration is part of a dynamic where listed companies are starting to integrate bitcoin at the heart of their reserve strategy.
In short
- Eric Trump says Bitcoin “took on the role of gold in today's world”, repositioning assets as a major refuge value.
- This declaration comes as part of the launch of American Bitcoin, a new mining and reserve management company in BTC.
- The company already has 2,443 bitcoins and adopts a hybrid strategy: producing BTC while keeping it as a strategic active.
- Bitcoin is increasingly imposed as an institutional asset, now carried by influential public figures.
Bitcoin is modern gold: the declaration of a committed actor
During his visit to the Squawk Box show on CNBC, Eric Trump took everyone short by declaring that “Bitcoin is modern gold”while the asset has just signed a spectacular return.
This statement comes when he supports the launch of American Bitcoin, a company positioned both on mining and the constitution of BTC strategic reserves.
According to him, Bitcoin is now a “”Easily mobilizable value reserve»»that is to say an active refuge capable of playing the role historically occupied by gold, with the additional advantage of being able to be transferred instantly everywhere.
Here is factual elements and key declarations Around this speaking:
- Eric Trump positions the BTC as an asset refuge in the same way as physical gold;
- He describes Bitcoin as “A reserve of liquid value”adapted to new economic and financial challenges;
- He claims that institutions now adopt Bitcoin as a serious asset, and no longer as a simple marginal innovation;
- The declaration is part of a dynamic of promoting the economic model of American Bitcoin, where BTC's detention is at the heart of the strategy;
- Finally, he warns companies that are slow to integrate the blockchain into their operational model, highlighting a strategic turning point in the digital economy.
This position is integrated into a context where Bitcoin is increasingly perceived as a credible alternative to traditional assets, in particular in a world marked by inflation, geopolitical tensions and loss of confidence in certain sovereign currencies.
American Bitcoin: reserve strategy and governance issues
Beyond rhetoric, the facts reveal a very real ambition. Indeed, American Bitcoin already has 2,443 BTC on his assessment, according to published documents. This stock represents several hundred million dollars, with regard to the current course of the asset.
The company was born following a merger by exchange of shares with Gryphon Digital Mining, and has since made its debut on the NASDAQ under the ABTC stock symbol. This assembly allows the new entity to benefit from increased visibility, while keeping operational control in the hands of the original shareholders.
Hut 8, a strategic partner in the mining sector, has a significant share of capital, while the Trump family and other investors remain in the minority. This capital architecture strengthens the idea of a crypto project with assumed industrial ambitions.
However, this mining strategy followed by long -term conservation, now common among certain players in the sector, also challenges. Holding a significant amount of BTC in cash exposes the company to market volatility, which can compromise its financial stability in the event of a brutal reversal.
In addition, the direct involvement of a political figure as publicized as Eric Trump raises the question of governance and public perception. Some analysts question the risks of conflict of interest or decisions influenced by considerations external to the economic objectives of the company.
Conversely, others see it as a strong signal of the rise of an American Bitcoin industry capable of competing with Asian giants in the sector.
The release of Eric Trump and the launch of American Bitcoin reflect a paradigm shift. Bitcoin is now the case of political figures, listed companies, and institutional investors. This transfer triggers as many hopes as questions about the direction that the ecosystem will take in the coming years, between massive adoption, reinforced regulation such as the voting of the Genius Act, and a concentration of resources.
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