๐๐ฟ๐ถ๐ฐ ๐ง๐ฟ๐๐บ๐ฝ'๐ ๐ก๐ฒ๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ฎ๐บ๐ฒ: ๐ ๐ถ๐ป๐ฒ ๐๐, ๐๐ผ๐ป'๐ ๐๐๐ ๐๐
โก๏ธ Bitcoin is holding strong above $100,000, and while Wall Street giants like MicroStrategy keep buying, Eric Trump is shaking up the game... by mining instead of buying.
Eric Trumpโs Bold Mining Play ๐
โ At Consensus 2025, Eric Trump, co-founder of American Bitcoin, revealed plans to mine BTC at $37K-$38K production cost, nearly 70% cheaper than market price.
โ His strategy? Skip the OTC desks and mine BTC directly, betting this approach will outpace Michael Saylorโs accumulation race.
โ Eric calls it "Two races for Bitcoin: buying vs. mining.
We will win the mining race!"
Challenging MicroStrategyโs Throne?
โ MicroStrategy owns 568,000 BTC, built through aggressive buying.
โ But American Bitcoin wants to mine its way to the top, with billions committed to scaling operations, according to CEO Asher Genoot.
โ Trumpโs team claims their low-cost mining edge will crush competitors, including Chinaโs miners.
โ Controversies & Political Heat
โ Critics warn of conflict of interest due to the Trump familyโs broader crypto involvement.
โ Eric dismissed these, insisting Bitcoin could even replace SWIFT as the global payment backbone.
โ Meanwhile, analysts like Xtra warn this could be political crypto manipulation, reminding followers of Trumpโs secretive โCrypto Reserveโ order from March 2025, which quietly boosted ETH & SOL.
Key Takeaways:
โก๏ธ Bitcoin mining is no longer just about hashrates; it's about cost-efficiency & political influence.
โก๏ธ American Bitcoinโs mining-first strategy might redraw the leaderboard, challenging Saylorโs buy-first empire.
โก๏ธ As BTC roars above $100K, the next phase is the "mining war." Who will win: buyers or miners?
