- Eric Trump tours American Bitcoin’s Texas facility with 35,000 liquid-cooled servers.
- Trump claims the facility mines 2% of daily Bitcoin supply, approximately 9 BTC per day.
- American Bitcoin holds 4,004 BTC worth $352 million as a treasury reserve asset.
Eric Trump, co-founder of American Bitcoin Corp, shared a video tour of the company’s Texas Bitcoin mining facility on Monday. The video showed the operational infrastructure behind the company’s mining operations.
In the footage posted on X, Trump walked through the facility and highlighted its use of domestic energy resources. He stated that the operation mines approximately 2% of the world’s Bitcoin supply each day. The facility runs 35,000 servers with liquid-cooling systems.
Several users on X questioned Trump’s claim about mining 2% of the global Bitcoin supply. Industry observers pointed out that the figure likely refers to 2% of the daily mined supply rather than the total Bitcoin network.
Approximately 450 BTC are mined across the entire network each day following the April 2024 halving event. At 2% of that daily output, American Bitcoin would mine around 9 BTC per day. Trump described the facility as “living proof” of cryptocurrency’s tangible nature.
American Bitcoin functions as a hybrid mining and treasury company. The firm is majority-owned by Hut 8 Corp. (NASDAQ: HUT) and operates its own Bitcoin reserve strategy. According to Bitcointreasuries, the company currently holds 4,004 BTC valued at approximately $352 million.
The company differs from pure treasury firms by generating new Bitcoin through its mining operations rather than purchasing coins exclusively on the open market. The Texas facility uses renewable energy sources to power its mining equipment, Trump stated in the video.
Trump Maintains Bullish Bitcoin Stance
The facility tour comes after Trump made several public statements supporting Bitcoin. Last week, he encouraged investors to buy Bitcoin during current price levels. Trump also reiterated his long-term price prediction of $1 million per Bitcoin.
Texas has become a major hub for Bitcoin mining operations due to its deregulated energy market and access to renewable power sources. The state’s energy infrastructure allows mining facilities to use excess capacity during peak production periods.
The video tour provided a view of the physical hardware required for Bitcoin mining operations. Trump emphasized the facility’s operations on American soil using domestic energy resources. The company continues to build its Bitcoin holdings through both mining rewards and acquisitions.
Related: BTC vs ISM: Analysts Predict a Euphoria In 2026 Amid Extended Cycle
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Source: https://coinedition.com/eric-trump-call-american-bitcoin-mining-facility-living-proof-of-crypto/
