Eric Trump to Headline Consensus 2025, Discussing American Bitcoin Venture

Eric Trump, son of U.S. President Donald Trump, is slated to speak at Consensus 2025, where he will share his vision for revolutionizing bitcoin mining in the United States. Trump will delve into American Bitcoin, a joint venture with Hut 8, where he holds the position of Chief Strategy Officer. In a statement, Trump expressed his pride in unveiling the initiative, which aims to become the world's largest and most efficient pure-play Bitcoin miner. American Bitcoin, launched on March 31, targets over 50 EH/s of mining capacity and aspires to transform the North American bitcoin mining landscape. Eric Trump is scheduled to take the stage on May 15 at Consensus 2025, held in Toronto from May 14-16. As one of the Trump family's crypto ventures, American Bitcoin is part of a larger portfolio that includes World Liberty Financial, a DeFi protocol, and advisory roles with Metaplanet and Dominari Holdings. Eric Trump's interest in crypto was reportedly sparked after the Trump Organization faced financial challenges during the Biden Administration, leading him to appreciate the benefits of cryptocurrency, including speed, transparency, and cost-effectiveness.