The American Bitcoin Company (ABTC) says it is fully committed to Bitcoin because it expects the asset’s value to explode in the coming years. Eric Trump, the co-founder of American Bitcoin, shared this view during a recent interview with investor Grant Cardone.
According to him, the company’s strategy centers entirely on accumulating as much Bitcoin as possible, adding that they would not be in this line of business if they did not firmly believe in BTC’s long-term prospects.
Strong Confidence in Bitcoin’s Prospects
According to Trump and the rest of ABTC’s leadership team, the company will not be in operation unless they are sure that Bitcoin’s price is set for significant appreciation over the next five years.
They anticipate a major rally in the asset’s valuation and are positioning the company to benefit immensely by mining the asset at a steep discount relative to market prices. Trump emphasizes that ABTC differs from other mining companies. Instead of building a large, complex organization with multiple management layers, ABTC focuses on one simple mission: accumulating as much Bitcoin as possible for the benefit of its shareholders.
The company mines Bitcoin daily and strategically buys more when market conditions are favorable. They track “Bitcoin per share” just as traditional companies track earnings per share, aiming to grow shareholder value every day.
How ABTC Stays Ahead
Many investors turn to treasuries or mining companies to earn higher returns than simply holding Bitcoin, since Bitcoin itself does not generate yield. ABTC aims to fill that gap by creating a structure designed to steadily increase its Bitcoin holdings over time.
Trump adds that ABTC maintains a lean approach by avoiding unnecessary staff and overhead. This streamlined model allows the company to stay focused solely on Bitcoin accumulation and, in his view, outperform traditional mining firms that operate less efficiently.
Looking ahead, Trump believes Bitcoin is poised for a dramatic price breakout. He points to rapidly growing global demand—from governments, corporations, banks, and countries facing inflation. He argues that Bitcoin adoption is accelerating even faster than the early internet and predicts that Bitcoin could reach $500,000 by 2029.
Evans Kelvin
