American Bitcoin has rolled out its public launch with bold claims about low-cost mining and a clear push to build a large BTC treasury.
The company was showcased on Bloomberg this week when Eric Trump joined Hut 8 CEO Asher Genoot to outline how the firm plans to mix large-scale mining with long-term accumulation. Reports have disclosed the company already holds more than 2,000 BTC.
Mining At Scale And Cost Advantage
According to Eric Trump, American Bitcoin’s rigs and partnerships allow it to produce Bitcoin at roughly half the market cost. He called that an “unbelievable advantage.”
He pointed out that American Bitcoin’s plan pairs large-scale mining with a treasury push, and he said “ the floodgates are just starting to open ,” arguing that institutional demand is still in it