Eric Trump’s Bitcoin Windfall: How a Public Offering Could Skyrocket His Stake Past $360M

The Trump name just got a crypto upgrade—and it's not just about political clout.

When American Bitcoin goes public, Eric Trump's stake could explode beyond $360 million. That's not just pocket change—even for a family used to gold-plated everything.

Here's the kicker: This isn't about legacy wealth. It's about the ultimate hedge play—turning a volatile digital asset into cold, hard IPO cash. Wall Street's old guard must be choking on their martinis.

Funny how Bitcoin—the anti-establishment darling—is now making millionaires out of the establishment. The irony's thicker than a banker's bonus.

American Bitcoin Prepares For Market Launch

Gryphon shares were trading around $1 on Thursday, indicating a promising market entry for the merged entity, which will be named American Bitcoin. 

This announcement coincides with a week in which President Trump, once skeptical about cryptocurrencies, has taken a more supportive stance, releasing recommendations intended to promote the use of digital assets. 

Earlier this year, the president directed the creation of a national Bitcoin reserve and launched his official memecoin, TRUMP, which soared tremendously 24 hours after its debut.

Karoline Leavitt, the WHITE House press secretary, stated, “Neither the President nor his family have ever engaged, or will ever engage, in conflicts of interest,” addressing any concerns about potential ethical issues surrounding the venture. 

Interestingly, a recent private sale of American Bitcoin shares suggested that the new shares could be valued at just 25 cents each, which WOULD place Eric Trump’s stake at around $92 million. 

Trump Family Shifts Focus To Crypto

American Bitcoin was created through a collaboration that combined the mining operations of Hut 8 Corp., a Miami-based company, with the investments from Eric TRUMP and his brother, Donald Trump Jr. 

In announcing the merger, Hut 8 emphasized the advantages of combining its established mining operations with Eric Trump’s business insights and expertise in capital markets, particularly in advancing decentralized financial systems. 

As the chief strategy officer of American Bitcoin, Eric Trump continues to hold an executive position in his father’s real estate business and is involved in various family enterprises. His role in American Bitcoin includes a three-year advisory agreement, which notably does not provide compensation.

In May, Eric Trump expressed his enthusiasm for the future of cryptocurrency during a Bitcoin conference, proclaiming, “America is going to win the crypto revolution.” 

He highlighted the supportive stance of his father, Donald J. Trump, stating, “We have a president who loves this industry and is behind this industry 100%.” 

When writing, Bitcoin trades at $115,570, declining 2.5% in the 24-hour time frame. This represents a gap between current prices and its recently achieved all-time high of nearly 6% for the market’s leading cryptocurrency. 

Featured image from DALL-E, chart from TradingView.com