**Eric Trump Defends Volatility as American Bitcoin Boosts BTC Holdings**

Eric Trump, son of former US President Donald Trump and co-founder of American Bitcoin, remains undeterred by the recent downturn in cryptocurrency markets, describing volatility as the inherent cost of achieving outsized returns.

“I think volatility is your friend,” Trump told *The Wall Street Journal* in an interview. This statement came as Bitcoin (BTC) briefly dipped below $95,000, standing about 25% lower than its early-October peak.

The turbulence has been even more pronounced in the altcoin segment, with major assets experiencing declines ranging from 5% to 11%. This weakness traces back to the October 10 market crash, which wiped out approximately $19 billion in leveraged positions. Overall, the crypto market has shed more than $1 trillion in combined market capitalization since its peak.

*Source: Cointelegraph*

For Trump, such fluctuations are simply part of the cryptocurrency investment landscape. “Anybody who can’t embrace volatility in cryptocurrency should probably get out of it,” he said. “It’s actually a great opportunity for us to buy.”

### American Bitcoin is Stacking Sats

Trump isn’t just talking the talk — he is putting his philosophy into practice. American Bitcoin, the mining company he leads, went public earlier this year through a reverse merger with Gryphon Digital Mining. In the third quarter, the company added more than 3,000 BTC to its holdings, bringing its total to over 4,000 BTC.

Following these acquisitions, American Bitcoin has entered the top 25 list of publicly listed Bitcoin holders.

*Source: BitcoinTreasuries.NET*

Trump has repeatedly emphasized the importance of increasing the company’s Bitcoin reserves. He prioritizes metrics such as the Bitcoin-per-share ratio, which he argues will ultimately strengthen shareholder value.

These strategic moves occur amid broader efforts from the Trump administration to encourage crypto adoption. This push has been highlighted by the January executive order on digital assets, the formation of a federal working group on crypto markets, and the passage of related policy initiatives.

### Related:
[Gryphon Approves Merger with American Bitcoin, Nasdaq Ticker ABTC]

Stay tuned for more updates on American Bitcoin and the evolving crypto landscape.
https://bitcoinethereumnews.com/bitcoin/eric-trump-defends-volatility-as-american-bitcoin-boosts-btc/

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *