Eric Trump became a billionaire thanks to the growth of American Bitcoin shares

The son of US President Donald Trump, Eric, became one of the billionaires after the rapid growth of shares in American Bitcoin, a cryptocurrency mining company. His stake in the company is estimated at hundreds of millions of dollars, Forbes magazine reported on September 3.

According to the newspaper, Trump owns 73 million shares, which, after debuting on the stock exchange, gave him a fortune at a peak of about $ 950 million. By the end of trading, capitalization had decreased, but his stake was still valued at about 590 million.

Experts point out that investors rely more on expectations than on actual business performance. Despite this, the value of American Bitcoin is now estimated at about $7.3 billion dollars.

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Earlier, on August 31, in an interview with the Nikkei Asia newspaper, Trump's son announced the possibility of running for president of the United States in the future. He did not give a clear answer, but noted that he likes the world of commerce more.

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