🔥National Sovereign Funds Are Rushing Into Bitcoin – Eric Trump Reveals

At the Consensus 2025 conference, Eric Trump drew attention by stating that national sovereign funds, tycoons, and major corporations around the world are actively accumulating Bitcoin. He noted that the wave of Bitcoin adoption is stronger than ever, and this is truly a "race to the top" among financial powers.

Eric Trump currently serves as the Chief Strategy Officer for the cryptocurrency mining project American Bitcoin – a company preparing for a public listing through a reverse merger with Gryphon Digital Mining. He emphasized the importance of Bitcoin as "digital gold," surpassing real estate – which is his family's traditional asset base – due to its high liquidity, global reach, and ease of transfer.

He also expressed FOMO (fear of missing out), stating that more and more people who were once skeptical or opposed to Bitcoin are beginning to change their minds. According to him, the upcoming growth of Bitcoin will be significant, and the "race" is indeed becoming intense.

Additionally, Eric Trump revealed that his company is leveraging the advantage of Hut 8's cheap electricity infrastructure in the U.S. to compete in the Bitcoin mining race, aiming to produce Bitcoin at a much lower cost than the current market price.

The information Trump provided aligns with market data: Abu Dhabi's Mubadala fund – one of the largest sovereign wealth funds in the world – recently announced ownership of nearly 9 million shares of BlackRock's Bitcoin ETF IBIT, valued at over 408 million USD.