Cryptocnews-Crypto News, Cryptocurrency News, Blockchain News, NFT News
    What's Hot

    Kalshi Sports Markets Banned in Michigan as Temporary Blackout Takes Effect

    07/01/2026

    UK Regulator Softens Landmark Crypto Rules in New Policy Adjustment

    07/01/2026

    Solana And Dogecoin Futures Tell Different Stories As Longs Unwind

    07/01/2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Cryptocnews-Crypto News, Cryptocurrency News, Blockchain News, NFT News
    • Home
    • Business

      Chainlink price prediction: record network growth meets bearish technicals

      06/30/2026

      Dogecoin Open Interest Hovers Around $959 Million As Traders Wait For Recovery Signal

      06/30/2026

      ’47 Ronin’ Director Gets 30 Months for Spending Netflix’s $11M on Dogecoin

      06/30/2026

      CertiK joins XDC Network to secure trade finance and RWA tokenization

      06/29/2026

      AAVE Holds Support Above $98

      06/29/2026
    • Technology
      1. Business
      2. Insights
      3. View All

      Chainlink price prediction: record network growth meets bearish technicals

      06/30/2026

      Dogecoin Open Interest Hovers Around $959 Million As Traders Wait For Recovery Signal

      06/30/2026

      ’47 Ronin’ Director Gets 30 Months for Spending Netflix’s $11M on Dogecoin

      06/30/2026

      CertiK joins XDC Network to secure trade finance and RWA tokenization

      06/29/2026

      Solana And Dogecoin Futures Tell Different Stories As Longs Unwind

      07/01/2026

      Utorg Obtains MiCA License as July 1 Deadline Forces Much of the Industry Out of Europe

      07/01/2026

      XRPL Lending Proposal Opens Door To Institutional Credit On The XRP Ledger

      07/01/2026

      President Trump Discloses More Than $50 Million In Bitcoin

      06/30/2026

      Trump’s Bitcoin made in America push runs into a power problem the tax bill cannot fix

      06/30/2026

      Bitcoin Is in a Fight at $60K—Here’s What the Charts Say

      06/30/2026

      Chainlink price prediction: record network growth meets bearish technicals

      06/30/2026

      Institutions dumped Bitcoin and Ethereum ETFs but still bought XRP and HYPE again

      06/29/2026
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      Chainlink price prediction: record network growth meets bearish technicals

      06/30/2026

      CertiK joins XDC Network to secure trade finance and RWA tokenization

      06/29/2026

      What Binance’s EU exit means for the BNB token price

      06/27/2026

      GoMining mines first Stratum V2 Bitcoin block using DMND pool

      06/26/2026

      Chainlink price prediction: record network growth meets bearish technicals

      06/30/2026

      CertiK joins XDC Network to secure trade finance and RWA tokenization

      06/29/2026

      What Binance’s EU exit means for the BNB token price

      06/27/2026

      GoMining mines first Stratum V2 Bitcoin block using DMND pool

      06/26/2026

      UK Sets Landmark Crypto Rules In Race To Become Global Hub

      06/30/2026

      Chainlink price prediction: record network growth meets bearish technicals

      06/30/2026

      CertiK joins XDC Network to secure trade finance and RWA tokenization

      06/29/2026

      What Binance’s EU exit means for the BNB token price

      06/27/2026

      Chainlink price prediction: record network growth meets bearish technicals

      06/30/2026

      CertiK joins XDC Network to secure trade finance and RWA tokenization

      06/29/2026

      What Binance’s EU exit means for the BNB token price

      06/27/2026

      GoMining mines first Stratum V2 Bitcoin block using DMND pool

      06/26/2026

      Solana And Dogecoin Futures Tell Different Stories As Longs Unwind

      07/01/2026

      Utorg Obtains MiCA License as July 1 Deadline Forces Much of the Industry Out of Europe

      07/01/2026

      XRPL Lending Proposal Opens Door To Institutional Credit On The XRP Ledger

      07/01/2026

      President Trump Discloses More Than $50 Million In Bitcoin

      06/30/2026
    • Markets
    • Get In Touch
    Cryptocnews-Crypto News, Cryptocurrency News, Blockchain News, NFT News
    Home»Business»A Bitcoin Parabolic Rally Is Coming: Eric Trump Shares Why First Family Is Pro-Crypto
    Business

    A Bitcoin Parabolic Rally Is Coming: Eric Trump Shares Why First Family Is Pro-Crypto

    adminBy admin12/04/2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

    Bitcoin’s trajectory is becoming a central theme in the first family’s business interests, with Eric Trump explaining why he believes the market is setting up for a dramatic surge. His comments, made in a YouTube interview with Grant Cardone, offered a rare look into how American Bitcoin Corp (ABTC) approaches the crypto industry and why the Trumps consider BTC one of the most important financial opportunities of the decade.

    Eric Trump Thinks Parabolic Rally Is Coming For Bitcoin

    Eric Trump made it clear that ABTC operates on the conviction that Bitcoin is gearing up for a powerful upward acceleration. American Bitcoin is a publicly traded BTC mining and accumulation company co-founded by Eric Trump in partnership with Hut 8 Corp.

    According to Eric Trump, the company is structured to maximize its BTC holdings ahead of that move rather than dilute resources on heavy management costs or constant liquidations. In his words, the comparison with other miners is straightforward because ABTC wants to hold the asset it believes will appreciate sharply instead of turning mined Bitcoin into daily operating cash.

    His reasoning is a departure from the traditional mining business model, which typically sells a significant share of its Bitcoin to cover operational costs. Trump insists that ABTC is deliberately positioning itself differently because “we want to be buying the asset that we believe is going to appreciate.”

    Eric Trump said BTC’s surge is not limited to ordinary crypto investors but is also driven by the quiet entry of sovereign funds, family offices, and major institutions. He also contrasted Bitcoin with real estate, noting that he now spends more time in crypto because it grows in ways traditional property cannot. 

    Real estate is slow and tied to limited cash flow, while Bitcoin scales globally and appreciates far faster. That difference is one of the reasons he expects BTC to reach around $500,000 in the long term, a prediction he offered without hesitation.

    ABTC’s Unique Model: Building BTC Per Share

    Ashet Genoot, CEO of Hut 8 Corp., expanded on the company’s internal philosophy by explaining how ABTC measures value differently from other publicly traded firms. Instead of focusing on earnings per share, he said their model centers on “Bitcoin per share,” which is a metric that reflects how much BTC each shareholder indirectly controls through the company.

    Genoot explained that the question they ask every day is simple: how do we grow the amount of Bitcoin per share? He described their system as a constant pursuit of increasing BTC reserves through multiple channels, whether mining coins at scale or buying them whenever conditions favor accumulation. 

    The goal is for every ABTC shareholder to benefit from a rising quantity of BTC over time, turning the company into a long-term accumulator rather than a miner that immediately sells its output to cover expenses.

    According to regulatory filings, ABTC operates tens of thousands of ASIC miners under Hut 8’s infrastructure and has accumulated more than 4,000 BTC as of late 2025.

    Bitcoin
    BTC trading at $93,381 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pngtree, chart from Tradingview.com

    Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

    #Bitcoin #Parabolic #Rally #Coming #Eric #Trump #Shares #Family #ProCrypto

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Capital Advisors CEO Says July ‘Power Rally’ Incoming For Stocks – Here’s Why

    06/30/2026

    Chainlink price prediction: record network growth meets bearish technicals

    06/30/2026

    Dogecoin Open Interest Hovers Around $959 Million As Traders Wait For Recovery Signal

    06/30/2026

    ’47 Ronin’ Director Gets 30 Months for Spending Netflix’s $11M on Dogecoin

    06/30/2026
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Millennials Are Quitting Job to Become Day Traders

    01/20/2021

    Jack Dorsey Says Bitcoin Will Unite The World

    01/15/2021

    Hong Kong Customs Arrest Four in Crypto Laundering Bust

    01/15/2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    Kalshi Sports Markets Banned in Michigan as Temporary Blackout Takes Effect

    07/01/2026

    UK Regulator Softens Landmark Crypto Rules in New Policy Adjustment

    07/01/2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © {2025-2026} Copyright CryptocNews.com
    • Home
    • Business
    • Markets
    • Technology
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.