What You Need to Know:

• Eric Trump plans to speak at the Consensus 2025 conference regarding his new venture, American Bitcoin.
• The goal of American Bitcoin is to establish itself as the largest dedicated Bitcoin miner, aiming for over 50 EH/s in mining capacity.
• Eric Trump has previously participated in other crypto projects, including World Liberty Financial and has served as an advisor for Metaplanet and Dominari Holdings.

Eric Trump, son of former U.S. President Donald Trump, is set to feature at the Consensus 2025 conference in Toronto, where he will outline his future vision for the Bitcoin mining sector in the U.S. He will delve into topics related to his new mining venture, American Bitcoin, launched in partnership with Hut 8, where he serves as Chief Strategy Officer.

In his statement, Trump declared, “The launch of American Bitcoin represents a transformative moment for Bitcoin mining in North America. I am so proud to finally unveil our bold vision for this initiative, which we believe will become the world’s largest and most efficient pure-play Bitcoin miner.”

Scheduled for May 15 at Consensus 2025, this conference is recognized as the oldest event in the digital assets realm, routinely attracting more than 15,000 participants. Notably, the conference will take place at the Metro Toronto Convention Centre.

American Bitcoin is one of various crypto initiatives by the Trump family. Among Eric Trump’s other endeavors is backing World Liberty Financial, which is looking to launch its own stablecoin.

In addition, Eric Trump holds advisory roles with Metaplanet, and Dominari Holdings, a wealth management firm recently involved in purchasing shares of BlackRock’s Bitcoin Trust.

Eric Trump expressed to CNBC how the Trump Organization’s foray into crypto was influenced by financial pressures during the Biden administration, saying the move was “what drove us toward cryptocurrency.”