Speaker 1: Bloomberg Audio Studios, podcasts, radio news, lots of news in
Speaker 1: crypto today. Greyscale Investments filed publicly for an IPO. It's
Speaker 1: the latest crypto link company to test public markets under
Speaker 1: an administration. More open to digital assets from more on
Speaker 1: crypto and bitcoin and bitcoin mining specifically joining us now
Speaker 1: and name familiar to our audience, Eric Trump is the
Speaker 1: co founder and chief strategy officer of American Bitcoin. It's
Speaker 1: a publicly traded bitcoin mining and treasury company. It's got
Speaker 1: a market cap around four point four billion dollars. The
Speaker 1: company started trading on the NASDAC back on September third,
Speaker 1: when it merged with a microcap shares. It a high
Speaker 1: on September ninth. They're down around forty seven percent since then. Eric,
Speaker 1: of course, also the executive vice president of the Trump Organization.
Speaker 1: He joins us from Florida. Eric, good to have you
Speaker 1: on the program again. How are you God, It's great
Speaker 1: to be on. So if somebody wants exposure to bitcoin,
Speaker 1: why would they do that through American Bitcoin rather than
Speaker 1: just buying bitcoin outright on an exchange or even through
Speaker 1: an ETF.
Speaker 2: Yeah, that's a great question.
Speaker 3: I mean, if you go out and you buy bitcoin
Speaker 3: on ETF or you buy it on an exchange, you
Speaker 3: kind of have one to one bitcoin. Right. You go
Speaker 3: out and you buy one bitcoin, you're always going to
Speaker 3: have one bitcoin. Our entire ethos is increasing bitcoin per share.
Speaker 3: Right now, every day we're mining bitcoin, we're mining bitcoint
Speaker 3: at roughly fifty percent of spot prices of bitcoin, so
Speaker 3: roughly about fifty six thousand dollars per bitcoin. That's what
Speaker 3: we're able to mine at. We're able to mind because
Speaker 3: we have the best facilities anywhere on Earth. We've got
Speaker 3: some of the cheapest energy anywhere on Earth. We do
Speaker 3: it in America, we do it in West Texas. So
Speaker 3: right now, our average costs to produce a bitcoin is
Speaker 3: roughly fifty six thousand dollars and we're mining bitcoin twenty
Speaker 3: four hours a day, seven days a week. By doing that,
Speaker 3: you're able to increase bitcoin per share, right And that's
Speaker 3: the ultimate metric that we chase every single day. How
Speaker 3: do you increase the amount of bitcoin you have per
Speaker 3: share you have of stock? And I think we can
Speaker 3: do that clearly. If you go buy on a one
Speaker 3: to one basis, you don't have that ability to do
Speaker 3: And that's the one metric that we track every single day,
Speaker 3: and that's the one metric that we try and improve
Speaker 3: every single day.
Speaker 2: And we've done a healing job, guys, I mean we you.
Speaker 3: Know, this public was founded on March thirteenth, I'm sorry,
Speaker 3: March thirty first, roughly five months later, five months and
Speaker 3: three days to be exact, we were listed on the
Speaker 3: Nasdaq under ABTC. We're less than three months old having
Speaker 3: been listed, and we're already well for past four thousand
Speaker 3: bitcoin that have either mined or that we've accumulated, making
Speaker 3: us the twenty fifth largest BTC public treasury company in
Speaker 3: the world, and we're a climbing that ladder very quickly
Speaker 3: every single day. So I couldn't be more proud of
Speaker 3: what we've been able to accomplish. And you know, everything
Speaker 3: that you said, I think you mentioned four and a
Speaker 3: half billion dollar market cap, and again we've been listed
Speaker 3: for less than three months and growing, you know, growing
Speaker 3: by by, you know, kind of with lightning speed.
Speaker 1: You mentioned the cheapest source of energy in mining that bitcoin.
Speaker 1: Last time we spoke back in September, we had a
Speaker 1: discussion about wind energy that that powers some of this mining.
Speaker 1: Is it still wind that's powering the mining operations for
Speaker 1: American bitcoin.
Speaker 2: There's resources.
Speaker 3: But certainly when there was a defunct wind farm, you know,
Speaker 3: the guys over a Hot eight, which is our sister company,
Speaker 3: were able to lock into incredibly cheap energy because frankly,
Speaker 3: it wasn't being utilized, because it wasn't being pumped into
Speaker 3: the grid, and lock into a very cheap contract for
Speaker 3: a very long period of time. And so we've got
Speaker 3: unbelievable renewable energy that we're using to mine our our bitcoin.
Speaker 3: But you're gonna see a lot of other energy sources.
Speaker 3: Come on. I mean, we're on the the energy revolution
Speaker 3: in this country. I think you guys know that better
Speaker 3: than anybody. Look at oil, look gas, you know the
Speaker 3: policies are working. Look at these SMRs. Look at you
Speaker 3: know kind of fusion reactions.
Speaker 4: Well well well, well well wait a minute, Eric, because SMRs,
Speaker 4: I mean, we we do know. We're on it every day.
Speaker 4: And these small modular reactors, none of them are up
Speaker 4: and running. And anybody we talk to you who understands
Speaker 4: the nuclear industry says it it will take a few
Speaker 4: years to get them up and running.
Speaker 3: Guys, absolutely, don't don't don't don't think that I'm saying
Speaker 3: that they're up and running by by any means. What
Speaker 3: I'm saying is we're in the heyday, you know of
Speaker 3: power and power exploration in this country. Right now you
Speaker 3: have an administration that's held bent on making sure or
Speaker 3: this country has incredibly cheap power. Well, no, that's really interesting.
Speaker 4: Let me just jump in there, because we've done a
Speaker 4: deep analysis into the cost of electricity in twenty twenty five.
Speaker 4: Electricity cost to pen far more on where you're located,
Speaker 4: and a lot of it has to do with the
Speaker 4: AI build out and the cost of those data centers
Speaker 4: and tapping into the networks. You talk about Texas, I'm
Speaker 4: curious what you're paying per megawat an hour in Houston
Speaker 4: right now, it's twenty five dollars. It has gone up
Speaker 4: a lot since twenty twenty. If you go back to
Speaker 4: twenty twenty, it was seventeen dollars per hour. I mean,
Speaker 4: you know, those elections. I don't want to get political,
Speaker 4: but those elections, I mean part of it was electricity
Speaker 4: prices that people Americans have had enough.
Speaker 3: Caroly, you can't be serious, and honestly, I don't want
Speaker 3: to argue on Bloomberg.
Speaker 2: It's not what I came here to do. I've got
Speaker 2: plenty of things to do in my daily life.
Speaker 3: You had the last administration that had the greatest war
Speaker 3: on energy that we've ever seen in the country.
Speaker 2: Right.
Speaker 3: You had an administration that was literally shutting down boiling
Speaker 3: gas exploration daily.
Speaker 2: They were shutting it down daily.
Speaker 3: They were cutting every pipeline, they were stopping every pipeline
Speaker 3: from being built. I mean, which ones do you want
Speaker 3: me to name? I could go through a list of
Speaker 3: fifteen of them. In fact, it was Joe Biden's first
Speaker 3: executive order to shut down the Keystone pipeline. They shut
Speaker 3: down all permitting, they shut down all transmission of oil
Speaker 3: and gas. There was a war on energy in this
Speaker 3: country the lights of which you've never seen before. You know,
Speaker 3: we went from being energy independent under my father, or
Speaker 3: we're exporting energy to countries all around the world, to
Speaker 3: being energy dependent under Joe Biden. Don't even don't even
Speaker 3: try and say, you know that we're not seeking the
Speaker 3: lowest cost energies. They had power plants that they were
Speaker 3: trying to build for a fifteen year period of time,
Speaker 3: nuclear power plants.
Speaker 2: And guess what at the end of them.
Speaker 3: Joe Biden's administration would turn them down and deny them
Speaker 3: the permits for nuclear energy. Right, my father is hell
Speaker 3: bent on making this country energy And the reason, hold on,
Speaker 3: please let me finish. The reason he's hell bent on
Speaker 3: it is if you track GDP, any GDP growth around
Speaker 3: the world, and you directly correlate that with energy costs,
Speaker 3: they're one hundred percent correlated. The lower your energy costs
Speaker 3: are for production of energy, the higher your GDP costs are.
Speaker 3: We have to win the war on cryptocurrency. We have
Speaker 3: to win the war on AI. We have to win
Speaker 3: these for a national security.
Speaker 2: We have to win these.
Speaker 3: Because we're the United States of America and we're the
Speaker 3: number one superpower.
Speaker 2: We must lead the way.
Speaker 3: We need energy generation, and my father is hell bent
Speaker 3: of getting that through every single form, whether it's natural gas,
Speaker 3: and we're drilling, remember the slow maybe drill, And we're
Speaker 3: drilling again, and we're exploring again, and nuclear power plants
Speaker 3: are getting permits again, which was not happening. So please don't, please,
Speaker 3: please don't talk to me about affordability. When you had
Speaker 3: an administration that did everything they could to crush energy prices
Speaker 3: for a four year period of time.
Speaker 4: Erica, I respect your position and opinion on this, but
Speaker 4: I also will say that the US is the largest
Speaker 4: oil producer that's out there. I want to go back
Speaker 4: to your company because on mining, we learned today that bitfarms,
Speaker 4: it's one of the largest cryptocurrency miners, set it plans
Speaker 4: to wind down those operations over the next two years
Speaker 4: focus on providing infrastructure to generate power for artificial intelligence applications.
Speaker 4: We continue to see that a growing list of bitcoin
Speaker 4: miners are pivoting to AI and high performance compute services
Speaker 4: as profit margin shrink do in part to those falling
Speaker 4: prices of the tokens are the digital tokens that are
Speaker 4: out there.
Speaker 3: Do you have any.
Speaker 4: Plans for American bitcoin to pivot away from bitcoin mining
Speaker 4: into artificial intelligence?
Speaker 3: Now the exact opposite. We're only going to ramp up.
Speaker 3: We're going to ramp up every single day. I mean, Carol,
Speaker 3: you mentioned falling prices. Let me just kind of hit
Speaker 3: on this one for you. You know, guess what bitcoin prices
Speaker 3: were exactly two years ago from today. I'll tell you
Speaker 3: because you would no, thirty six five hundred was the
Speaker 3: cost of a bitcoin two years ago we are up
Speaker 3: one hundred and eighty percent in a twenty five more
Speaker 3: a month period the spot price of BTC. It's probably
Speaker 3: the number one performing asset you know, of any asset.
Speaker 2: And this is this coming.
Speaker 3: From a guy who believes in hard assets, right. I mean,
Speaker 3: I run one of the great real estate portfolios. Awhere
Speaker 3: in the world. Cryptocurrency is absolutely on fire. Cryptocurrency is
Speaker 3: taking on the world.
Speaker 1: Well.
Speaker 4: Bitcoin is up this year by about five percent, the
Speaker 4: S and P is up fifteen percent, the Nazek one
Speaker 4: hundreds up twenty percent, Gold is up percent this year.
Speaker 3: No, I'm just do you want to reverse hold on, Carol?
Speaker 3: Do you want do you want to reverse that? I mean,
Speaker 3: do you want to go back two years? You want
Speaker 3: to go back three years? You want to go back
Speaker 3: five years, you want to go back ten years?
Speaker 4: I had a diper smartly have gone up.
Speaker 3: On average of about seventy percent a year year over
Speaker 3: year for the last ten year period of time. All
Speaker 3: I'm saying is, if you invested in BTC two years
Speaker 3: ago is probably the best investment you could have made.
Speaker 3: If you made invested in BTC five years ago, you
Speaker 3: know you're sitting on.
Speaker 2: Infinite amounts of money.
Speaker 3: Right, BTC has been probably the highest performing asset of
Speaker 3: the last decade. Right. And now also with BTC comes volatility,
Speaker 3: With crypto comes volatility.
Speaker 2: Volatility is our friend.
Speaker 3: Volatility is something that should be harnessed, right, and so
Speaker 3: I think bitcoin is going to continue to massively overperform
Speaker 3: the markets. Of course, you're going to have draw downs, right,
Speaker 3: I mean every cycle has draw downs. You're seeing you
Speaker 3: were talking about Navidia, you know in the intro clip
Speaker 3: to introducing me today, and how they're down four percent
Speaker 3: to this one large companies on Earth, if not the
Speaker 3: largest company on Earth, right, I mean that's down four percent.
Speaker 2: You're going to have draw downs and things.
Speaker 3: That's life. Now, look at the historical performance of an asset,
Speaker 3: and nothing has compared to the Bitcoin.
Speaker 4: Totally understand markets the ups and downs, and sometimes the
Speaker 4: downs are an indication of either even moving down further. Hey,
Speaker 4: one thing I want to ask you is I think
Speaker 4: you're on with Bloomberg. Back in September, you owned about
Speaker 4: seven and a half percent of the company. Has that
Speaker 4: number change because it sounds I can hear your conviction.
Speaker 4: It sounds like it's a long term conviction. When it
Speaker 4: comes to the digital world and bitcoin in particular. So
Speaker 4: are you buying more shares that.
Speaker 2: That number has not changed at all.
Speaker 3: I have every share that that I started this company with,
Speaker 3: and I plan to for you know, a long time
Speaker 3: to come. I love it, I believe in it. I
Speaker 3: think the people that we're doing it with are the
Speaker 3: smartest people in the world. We've got some of the
Speaker 3: greatest energy contracts, We've got the most sophisticated facilities, and guys,
Speaker 3: what I'll tell you is, you know, I spend a
Speaker 3: lot of time all over the world. I think you
Speaker 3: know that from our real estate, you know, projects everywhere.
Speaker 3: Everybody wants cryptocurrency. Everybody believes in cryptocurrency. Everybody's tremendously worried
Speaker 3: about their respective governments. Everybody's tremendously worried about their respective
Speaker 3: financial systems, especially when you leave the United States. You know,
Speaker 3: people in so many countries around the world, they get paid,
Speaker 3: you know, they may as well burn that paycheck because
Speaker 3: of inflation.
Speaker 2: It absolutely kills.
Speaker 3: Them all of a sudden, you know, kind of you know,
Speaker 3: Bitcoin is digital gold. People believe in it. It's great asset.
Speaker 3: It's an asset that can't be inflated. It's an asset.
Speaker 3: They'll only have twenty one million coins. Ever, you know,
Speaker 3: the price of gold ever went to forty thousand bucks
Speaker 3: an ounce. Guys, I would tear down this building and
Speaker 3: I would find gold in the columns. I'd find gold
Speaker 3: in the concrete. Right, you're gonna you're gonna, you know,
Speaker 3: you're gonna dig deeper, and you're going to go farther,
Speaker 3: and you're gonna spend more money, you know, So you're
Speaker 3: never going to actually have caps supply.
Speaker 2: With bitcoin, you have cap supply.
Speaker 3: And I can tell you whether it's Asia, whether it's
Speaker 3: Middle East, whether it's South America. You know, there is
Speaker 3: a longingness you know, to treasury bitcoin, and you're seeing
Speaker 3: that from even some of the very biggest companies in
Speaker 3: the United States. They're putting it on their balance sheets
Speaker 3: in ways that they've never done before because they believe
Speaker 3: in digital assets and and they you know, they believe
Speaker 3: in the attributes of them, right, you know, And again,
Speaker 3: I'm a real estate guy.
Speaker 2: I love assets.
Speaker 3: But think about something that's you know, transferable twenty four
Speaker 3: hours a day, seven days a week. Think about something
Speaker 3: that's global. Think about something that's easier to transport.
Speaker 4: You do love assets, and you guys, your family is
Speaker 4: so entrenched obviously in real estate. You think Trump, you
Speaker 4: think real estate. But I'm just curious if you had
Speaker 4: to choose between owning real estate or bitcoin.
Speaker 2: What would it be both? Both? No?
Speaker 4: No, no, you have to choose. Come on, Eric, you're smart.
Speaker 2: I grew up. I grew up when I was eleven
Speaker 2: years old on construction sites.
Speaker 3: Right. I clearly love tangible assets and I believe in them,
Speaker 3: and I think bitcoin is is the greatest hedge towards
Speaker 3: those tangible assets. You know that there is what I
Speaker 3: will tell you is, in any place other than the
Speaker 3: United States, I would probably take cryptocurrency. I mean, imagine
Speaker 3: if you lived in one of various South American countries
Speaker 3: or one of you know, various you know African kind
Speaker 3: of countries that that have instability where government can come
Speaker 3: in at any time and steal your house, steal your
Speaker 3: piece of property, steal your hotel. Right, you don't have
Speaker 3: a chance, you know, you don't. You don't have that
Speaker 3: problem with bitcoin. You don't have that asset problem with
Speaker 3: the assets that's you know, that's that's literally qualified on
Speaker 3: Ledger twenty four hours a day. So there's there's a
Speaker 3: real need for this asset class around the world. And
Speaker 3: by the way, even in the United States, I mean, guys,
Speaker 3: I became one of the most debanked persons, you know people,
Speaker 3: you know American history, for having never done anything wrong,
Speaker 3: you know, operating great golf courses, operating great residential buildings,
Speaker 3: condominium associations, hotels, right and and and all of that
Speaker 3: got pulled out from under me because my father happened
Speaker 3: to wear a hat. I wasn't a politician, I've never
Speaker 3: been politician. I've never worked for the government. For wearing
Speaker 3: a hat that said make America great again, all of
Speaker 3: a sudden, I started getting canceled left and right. You
Speaker 3: know the interesting thing about crypto, you know, technology, blockchain,
Speaker 3: pain technology, digital assets, digital wallets, can't cancel them. You
Speaker 3: can't take them away, right, And that's a few little thing.
Speaker 3: And there there's a flight to safety. There's a flight
Speaker 3: to safety that a lot of people in America have
Speaker 3: a harder time appreciating. Albeit when people see what happened
Speaker 3: to us, they can appreciate more. But a lot of
Speaker 3: people around the world can really appreciate. I think if
Speaker 3: you lived in a lot of the Asian countries, you'd
Speaker 3: appreciate it. I think if you live lived in a
Speaker 3: lot of places, and let me ask you, just say
Speaker 3: here in Africa, you probably appreciate that.
Speaker 4: No, I understand what you're saying. And I think, you know,
Speaker 4: we've been talking about cryptocurrencies for a long time here
Speaker 4: at Bloomberg, and I think time will tell whether or not. Uh,
Speaker 4: this is something that becomes well entrenched within our financial
Speaker 4: system because at this point people are still buying things
Speaker 4: like stocks and bonds.
Speaker 3: Uh, and believe it?
Speaker 2: Do you believe it?
Speaker 3: I do?
Speaker 4: But what I wanted to ask you is, and I
Speaker 4: think it's something that we talked about in our planning
Speaker 4: called do you do you feel like you know? Tim
Speaker 4: asked about, you know, maybe the advantage of you know,
Speaker 4: buying into your company vers is maybe a micro strategy
Speaker 4: or something else. Do you feel like you guys do
Speaker 4: have an advantage because of your proximity to the White House?
Speaker 4: And I asked this full disclosure. When we talk about
Speaker 4: Paramount's guidance, we say the same thing because we know
Speaker 4: that David Ellison certainly is looked upon favorably by the
Speaker 4: White House when it comes to maybe doing another acquisition.
Speaker 4: So do you think you have a little bit of
Speaker 4: an advantage?
Speaker 2: Yeah, Carol, it's such a frustrating question.
Speaker 3: Now, you know, my advantage is our our advantage with
Speaker 3: American Bitcoin is we can mine bigcoin and fifty cents
Speaker 3: on the dollar roughly, you know, and we're mining bitcoin
Speaker 3: every single day any other And by the way, Michael
Speaker 3: is a very close friend of mine, and there's no
Speaker 3: person in the world you know virtually that I respect more.
Speaker 3: He's an amazing human being, an incredible visionary and everything
Speaker 3: he's accomplished. Our advantage to mining bitcoin is every single
Speaker 3: day we mind a lot of bitcoin.
Speaker 2: We do so for fifty cents on the dollar.
Speaker 3: Go wen't evenother commodity you can do that with right
Speaker 3: every other treasury company virtually out there, they have to
Speaker 3: go buy bitcoin at the spot price at bitcoin that debt.
Speaker 3: I can effectively go out right now and mine bitcoin
Speaker 3: at fifty percent of that number. I can also go
Speaker 3: out and I can acquire bitcoin, and American Bitcoin can
Speaker 3: go out and acquire bitcoin.
Speaker 2: At spot prices.
Speaker 3: And guess what, as I do that, I can also
Speaker 3: yield manage down pricing, you know, based on the bitcoin
Speaker 3: that that we mind each and every day. Obviously, the
Speaker 3: amount that you can mine is somewhat finite, even though
Speaker 3: our mining operations are growing on a daily basis. But
Speaker 3: that's a great advantage that I believe we have. We
Speaker 3: can increase the amount of bitcoin for share of our shareholders,
Speaker 3: and we do, and that's why we're growing as quickly
Speaker 3: as we are. So I clearly believe in our strategy.
Speaker 3: I'm really really proud that do.
Speaker 4: You understand why?
Speaker 3: You do?
Speaker 4: Understand why we ask it?
Speaker 3: Right?
Speaker 4: I mean full disclosure like we try to be as
Speaker 4: I mean, Caroll.
Speaker 3: So many of the questions here I've just been. I
Speaker 3: understand clearly where you stand, right, but you know it's
Speaker 3: not snow shock to me. I understand why you're asking
Speaker 3: the question. I also understand that I have absolutely nothing
Speaker 3: to do with the federal government. I want nothing to
Speaker 3: do with the federal government. I have no interaction with
Speaker 3: the federal government when it comes to crypto policy. I
Speaker 3: stay in my own damn lane, and my lane is
Speaker 3: operating the greatest hospitality company on Earth, and operating company
Speaker 3: that I truly believe in with every ounce of my
Speaker 3: heart and soul, which is what we're doing with Bitcoin,
Speaker 3: which again historically has been an incredible asset. Hey, Eric,
Speaker 3: So when I hear questions about how you know somebody
Speaker 3: could possibly argue that that Biden had better energy policies
Speaker 3: for the United States than the Donald Trump, like like,
Speaker 3: give me a give me a I.
Speaker 4: Didn't argue that. I just you know, we are we
Speaker 4: are a data driven company, and so I look at data.
Speaker 3: Give me data so perfect, Give me, give me the data.
Speaker 3: Give me one quantifiable metric where Joe Biden was a
Speaker 3: better energy president. Donald Trump, you.
Speaker 2: Can't, well they just can't.
Speaker 3: When you president on the on the first day of
Speaker 3: his term, cancel every pipeline, including the Keystone Xcel pipeline,
Speaker 3: which is why every gas pump in the United States
Speaker 3: of America had a little sticker on us saying I
Speaker 3: did that, And there's a picture of Joe Biden pointing
Speaker 3: to the price of gas. Please spare me this conversation.
Speaker 3: You've got some of the lowest gas prices in the
Speaker 3: history of our country. They're coming down every single day.
Speaker 3: You've got an administration that are putting through permits for
Speaker 3: nuclear reactors like their pays, because we need it if
Speaker 3: we're going to be successful.
Speaker 2: Based on all the metrics.
Speaker 3: I gave you, No one can credibly tell me.
Speaker 2: You know, as these guys build.
Speaker 3: There's build wind farms in the middle of nowhere that
Speaker 3: aren't even plugged into the grid. I mean, and I
Speaker 3: say that with all due respect, Carol.
Speaker 4: No, I know, I know, and I don't want to argue.
Speaker 4: I mean, but there's a reason that you know, WTI
Speaker 4: crewed is below sixty dollars a barrel. And you know,
Speaker 4: you know, the oil giants will talk and they'll say, listen,
Speaker 4: we're only going to we're doing We're only going to
Speaker 4: do it if it makes sense, if the if the
Speaker 4: price of oil goes up, because there is you know,
Speaker 4: balance sheets, there's going to be a cost of drilling
Speaker 4: and doing exploration, and they're not going to do it
Speaker 4: unless the price of oil, whether the demand is there
Speaker 4: and as.
Speaker 3: There is oil er, do you think any of that
Speaker 3: has anything to do with the transportation of oil? Right
Speaker 3: when you when you're shutting down pipelines every single day,
Speaker 3: you know what else is affecting price the fact that
Speaker 3: you can't move something that's naturally heavy, right, And that's
Speaker 3: what Joe Biden was doing. It was the biggest It
Speaker 3: was the biggest war on oil and gas, all for
Speaker 3: the purpose of creating you know, ev cars that the
Speaker 3: consumers around this country did not want to buy. I mean,
Speaker 3: how many billions of dollars did they spend building four
Speaker 3: charging stations in the middle of absolutely nowhere. You know,
Speaker 3: under Pete bouja Jed your transportation sectary, who is completely competent.
Speaker 4: All right, I don't want I don't want to get
Speaker 4: you political. But anyway, listen, in five years, what do
Speaker 4: you hope your company is just to wrap up? Where
Speaker 4: do you see its role?
Speaker 2: Yeah, I'm glad we came back to this.
Speaker 3: Thank you. I think we're going to create one of
Speaker 3: the great bigcoin companies anywhere in America.
Speaker 2: We're sending the ladder very quickly. I think I mentioned that.
Speaker 3: You know, we're under three months old, and you know
Speaker 3: we're a twenty fifth largest public bitcoin treasury company on
Speaker 3: all the lists, and we're sending that list very quickly.
Speaker 3: We just passed you and I very good friends of ours,
Speaker 3: the Winkle Bosses, who you know, they actually invested in
Speaker 3: American bitcoin and they're good friends of ours.
Speaker 2: And it seems like every day we're kind of climbing
Speaker 2: another step up that ladder.
Speaker 3: I think we're doing it well. I think we're doing
Speaker 3: which mendus heart and soul. I think we're doing it
Speaker 3: here in the United States of America. I think that's
Speaker 3: film rapic to this country. And you know, we need
Speaker 3: to lead the world in the financial you know, digital
Speaker 3: financial revolution. Bigcoin is clearly leading that charge right now
Speaker 3: based on market cap and and I'm very very proud
Speaker 3: of the company we're building and the speed of our
Speaker 3: growth right and I think we're going to do commendously well.
Speaker 4: I'm sure all that financial execs too like this probably
Speaker 4: played into it, possibly as well as regulatory stuff when
Speaker 4: they were there at the White House. It's all coming
Speaker 4: at us. Hey, Eric, thank you so much, really appreciate it.
Speaker 4: We went around and around, and I'm glad we were
Speaker 4: able to cover a lot of ground. Eric Trump, co founder,
Speaker 4: chief strategy Officer of American Bitcoin in Executi, Vice President
Speaker 4: of the Trump Organization, joining us there in Florida,