Skip to content
September 5, 2025Bitcoinist logoBitcoinist

Bitcoin Buying Frenzy Ahead As Eric Trump Predicts ‘Floodgates Are Opening’

American Bitcoin has rolled out its public launch with bold claims about low-cost mining and a clear push to build a large BTC ￰1￱ 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 ￰2￱ have disclosed the company already holds more than 2,000 ￰3￱ 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 ￰4￱ 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 its early ￰5￱ TRUMP CALLS BITCOIN THE “GOLD STANDARD,” SAYS ADOPTION FLOODGATES ARE JUST OPENING Eric Trump said Bitcoin is gaining global traction and the adoption floodgates are just beginning to open, highlighting how embraced it’s becoming worldwide. ￰0￱ ￰6￱ — Crypto Town Hall (@Crypto_TownHall) September 4, 2025 Genoot confirmed that Hut 8 is a major shareholder and the provider of mining infrastructure, including power supplied from a Texas wind ￰7￱ arrangement, he said, helps keep operating costs low and gives the company flexibility on when to ￰8￱ Bitcoin ’s stated approach is not to grow for growth’s ￰9￱ said expansion will be pursued only when it makes financial sense, and capital will be raised for Bitcoin purchases when conditions are, as the sages would say “ripe for the picking”.

This is meant to balance on-site mining and treasury buys so the company can respond to market ￰10￱ Strategy And Institutional Pitch Reports have disclosed that the firm’s treasury strategy centers on buying Bitcoin at a discount and holding it for the long ￰11￱ Trump described Bitcoin as “the hot asset of our time” and listed rising demand from Fortune 500 companies, sovereign wealth funds, and states such as Texas and Wyoming as signs of growing institutional ￰12￱ has also publicly floated a high-end price target, putting him among the most bullish voices in the ￰13￱ plan, as explained on Bloomberg, pairs mining at scale with opportunistic ￰14￱ claim that mining output costs roughly half the prevailing market rate will be watched closely by investors and ￰15￱ true, it could improve margins and make on-chain accumulation ￰16￱ image from Meta, chart from TradingView

Bitcoinist logo
Bitcoinist

Latest news and analysis from Bitcoinist

Strategy Dominates Q3 With 640,808 Bitcoin and 26.0% BTC Yield

Strategy Dominates Q3 With 640,808 Bitcoin and 26.0% BTC Yield

Strategy Inc. reported $2.8 billion in Q3 net income as its 640,808- bitcoin treasury, valued at $70.9 billion, delivered a 26% BTC yield and reinforced its leadership in profitable, large-scale insti...

Bitcoin.com logoBitcoin.com
1 min
ECB’s Digital Euro Plans Spark Crypto Backlash and Potential Bitcoin Embrace in EU

ECB’s Digital Euro Plans Spark Crypto Backlash and Potential Bitcoin Embrace in EU

The European Central Bank (ECB) President Christine Lagarde announced the progression of the digital euro, a central bank digital currency (CBDC), into its final preparation phase, aiming for a potent...

CoinOtag logoCoinOtag
1 min
Witness the Surge in Digital Asset Treasuries as Companies Rush to XRP

Witness the Surge in Digital Asset Treasuries as Companies Rush to XRP

2025 saw explosive growth in digital asset treasuries, particularly with XRP. Evernorth launched on Nasdaq following a significant merger, boosting XRP trust. Continue Reading: Witness the Surge in Di...

CoinTurk News logoCoinTurk News
1 min