Haciyev Reşit 
The heavy selling pressure in the crypto market in recent days has pushed Bitcoin back below the $100,000 level. But in the midst of the downturn, Eric Trump son of U.S. President Donald Trump said that the market movements caused him zero concern. His comments brought renewed attention to both his outlook on the crypto ecosystem and his interest in crypto-focused projects.
Eric Trump: “Volatility Is Your Friend”
Speaking after the earnings release of American Bitcoin, a publicly traded mining company, Eric Trump said he was not bothered by the current market conditions. Despite the drop in crypto assets, Trump emphasized that he felt “zero concern,” stressing that volatility is an essential part of the crypto sector. He stated:
“Volatility is your friend. If you can’t handle volatility, you don’t belong in crypto. These kinds of pullbacks are huge buying opportunities for us.”
Although Bitcoin has fallen more than 20% from its October peak above $126,000 — increasing fear in the market — Trump argued that the crypto market is structurally volatile and that such periods are natural for long-term investors.
Strong Financial Performance From American Bitcoin
During the event where Eric Trump spoke, American Bitcoin’s third-quarter financial results were also shared. The company recorded a solid year-over-year growth:
- Revenue rose from $11.6 million in the same quarter last year to $64.2 million this quarter.
- The company posted a $3.5 million net profit, compared to a $576,000 loss last year.
- Through mining and market purchases, the company acquired over 3,000 BTC in the quarter, raising its reserves to 3,418 BTC by the end of September.
This performance shows that the mining sector still has strong revenue-generation capacity despite Bitcoin’s price volatility.
The Trump Family Is Tokenizing Real Estate
Eric Trump also referenced new blockchain initiatives in the real estate sector. He announced that the Trump family has begun tokenizing the Trump International Hotel & Tower in Dubai and that preparations are underway to digitize another yet-to-be-announced project. This move highlights the Trump family’s interest in blockchain-based asset tokenization and suggests that Web3 integration in the real estate sector is accelerating.
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