Eric Trump Says American Bitcoin Mines 2% of BTC Supply Daily, Calls Crypto a Tangible Asset

U.S. entrepreneur Eric Trump has shared a sneak peek into American Bitcoin’s mining facility, which mines 2% of the Bitcoin supply daily.

In a video shared on X, Eric Trump offered the crypto community a sneak peek of American Bitcoin’s mining facility, showcasing long rows of high-performance, liquid-cooled servers.

He noted that the site houses roughly 35,000 of these machines, each powered by what he described as “American energy” to mine Bitcoin.

Eric stated that American Bitcoin “mines about 2% of BTC’s supply daily”. This claim sparked discussion in the comments, with some clarifying that he meant the company mines roughly 2% of newly minted Bitcoin each day.

Bitcoin Is Tangible

Highlighting the sophistication of the company’s facility, Eric emphasized that cryptocurrencies, especially Bitcoin, are tangible, calling the site “living proof.”

His argument stems from the fact that producing new Bitcoin requires substantial physical infrastructure, including servers, cooling systems, and energy.

Additionally, he called on viewers to look into America Bitcoin and consider joining its efforts. He expressed confidence that it is on track to become one of the leading crypto enterprises globally. ,

American Bitcoin Holdings

The company currently holds 4,004 BTC, ranking it 25th among corporate holders of Bitcoin worldwide. In addition to mining Bitcoin at its state-of-the-art facility, American Bitcoin increases its BTC holdings through fundraising efforts.

Earlier this year, the company raised $220 million to purchase more BTC and fund additional mining equipment.

Eric has been a strong advocate for Bitcoin, urging investors to use market downturns as opportunities to accumulate more BTC. He views Bitcoin as the modern equivalent of gold and believes that a significant shift of capital from the precious metal into Bitcoin is ultimately inevitable.