Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.<\/p>\n
Eric Trump, co-founder of\u00a0American Bitcoin Corp.\u00a0(NASDAQ:<\/a>ABTC<\/a>), gave a virtual tour of the company\u2019s Bitcoin (CRYPTO: <\/a>BTC<\/a>) mining facility in Texas on Monday,<\/p>\n In a video posted on X, Trump showed around the facility, which uses \u201cAmerican energy\u201d on \u201cAmerican soil\u201d to mine the world\u2019s largest cryptocurrency.<\/p>\n \u201cEvery single day we mine about 2% of the world\u2019s bitcoin supply,\u201d Trump stated. \u201cWe safeguard it every single day.\u201d<\/p>\n Don\u2019t Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it<\/a>?<\/p>\n He also drew attention to the 35,000 servers powering the facility, claiming that all of them were liquid-cooled.<\/p>\n Trump referred to the facility as \u201cliving proof\u201d of the tangible nature of cryptocurrency, countering the common perception of it being intangible.<\/p>\n However, many users were confused about the 2% supply claim. An X user suggested that Trump meant 2% of the daily mined supply.<\/p>\n Roughly 450 BTC are mined each day<\/a>, so 2% of that would be 9 BTC daily.<\/p>\n See Also: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse \u2014 Invest Now at Just $0.85 a Share<\/a><\/p>\n American Bitcoin,\u00a0a majority-owned subsidiary of\u00a0Hut 8 Corp.\u00a0(NASDAQ:HUT<\/a>), functions as a hybrid Bitcoin miner and treasury company.<\/p>\n The company is building its own strategic Bitcoin reserve and currently holds 4,004 BTC, worth $352 million,\u00a0according\u00a0to Bitcointreasuries.net. However, unlike other companies, it also generates new BTC through in-house mining.<\/p>\n The sneak peek comes in the wake of Trump\u2019s bullish stance on Bitcoin. Last week, he encouraged investors to buy Bitcoin during the current market dip<\/a> and reiterated his $1 million prediction for the apex cryptocurrency.<\/p>\n Photo Courtesy: Maxim Elramsisy On Shutterstock.com<\/p>\n Trending Now:<\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.<\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.<\/p>\n For those seeking fixed-income style returns without Wall Street complexity, Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10<\/a>. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.<\/p>\n Self-directed investors looking to take greater control of their retirement savings may consider IRA Financial. The platform enables you to use a self-directed IRA or Solo 401(k) to invest in alternative assets such as real estate, private equity, or even crypto<\/a>. This flexibility empowers retirement savers to go beyond traditional stocks and bonds, building diversified portfolios that align with their long-term wealth strategies.<\/p>\n Moomoo isn’t just for trading \u2014 it’s also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash<\/a>, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock\u2014but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.<\/p>\n For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides a simple way to buy and hold physical gold and silver within an IRA or direct delivery<\/a>. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It’s a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.<\/p>\n This article Eric Trump Gives A Sneak Peek Of American Bitcoin’s Mining Facility, Calls It ‘Living Proof’ Of Tangible Nature Of Crypto<\/a> originally appeared on Benzinga.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Eric…\n","protected":false},"author":2,"featured_media":12948,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7049,11022,11025,11023,11021,11024,8385,81,734,74],"class_list":{"0":"post-12947","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eric-trump","8":"tag-american-bitcoin","9":"tag-american-energy","10":"tag-american-hartford-gold","11":"tag-american-soil","12":"tag-bitcoin-miner","13":"tag-buy-bitcoin","14":"tag-crypto","15":"tag-eric-trump","16":"tag-jeff-bezos","17":"tag-trump"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116358667350218966","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/12947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=12947"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/12947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/12948"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=12947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=12947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=12947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}