According to recent updates surrounding the U.S. Embraces Bitcoin narrative, CNF reports in an earlier update that President Trump signed an executive order to create a Strategic BTC Reserve.
In a new interview with FOX Business Network, Eric Trump, son of President Donald Trump, praised Bitcoin as “one of the greatest stores of value” and “an unbelievable hedge against real estate.”
During a separate interview with Bloomberg, Eric Trump reiterated his confidence in the sector, announcing the official launch of a new venture he believes will become a major player in the cryptocurrency space.
American Bitcoin. I think it’s going to be one of the great companies out there. So I truly believe in it.
With deep roots in real estate through the Trump family’s extensive property holdings, Eric Trump’s endorsement of Bitcoin marks a strategic shift. He emphasized Bitcoin’s immediate liquidity, decentralized structure, and resilience as compelling advantages over real estate.
He noted that in today’s economic landscape, Bitcoin represents a safer, more agile store of value—particularly for those concerned about central bank policies, inflation, and regulatory uncertainty.
Venturing into Bitcoin Mining
Eric Trump has gone beyond advocacy. He co-founded American Bitcoin, a joint venture with Florida-based company Hut 8, aiming to become the most efficient pure-play Bitcoin miner.
The company’s mission also includes building a strategic Bitcoin reserve, mirroring government and institutional trends toward digital asset accumulation.
Embracing Decentralized Finance
Eric also revealed that difficulties with traditional financial institutions—some of which cut ties with the Trump family—led him to explore decentralized alternatives.
He believes blockchain-based systems offer solutions that are “better, cheaper, and faster” than conventional banking.
His advocacy for decentralized finance (DeFi) underscores a broader shift toward systems built on transparency, autonomy, and inclusion, particularly as DeFi gains traction among underserved or institutionally excluded users.
The Future of Finance
Looking ahead, Eric Trump envisions a world where cryptocurrencies and U.S.-backed stablecoins play a central role in preserving the strength of the dollar. He supports a balanced regulatory approach that encourages innovation while protecting markets and investors.
At the time of writing, Bitcoin (BTC) is trading at $84,735.53, up 0.77% in the past 24 hours, with a market capitalization of $227.56 billion and a 24-hour trading volume nearing $9.79 billion, according to Coin Market Cap data. See BTC price chart below.