Eric Trump Announces American Bitcoin Launch, Lauds BTC As 'Modern-Day Gold'
Yahoo Finance·2025-09-17 02:34
Eric Trump, co-founder and chief strategy officer at American Bitcoin Corp. (NASDAQ:ABTC) has lauded blockchain adoption as the future of traditional finance. What Happened: Speaking on CNBC on Tuesday, Trump described Bitcoin (CRYPTO: BTC) as "modern-day gold," highlighting its security, liquidity, and role as a global hedge that has delivered strong long-term returns. He pointed to growing institutional adoption, from Fortune 500 corporations to sovereign wealth funds, and framed Bitcoin as a generationa ...