Eric Trump details family’s $1B crypto ventures, including Trump Coin and American Bitcoin
The Trump family claims over $1 billion in pre-tax crypto profits across three projects, raising questions about who's really winning
Eric Trump wants you to know the family business has evolved. The president’s son declared that the Trump family has launched three of the most successful cryptocurrency projects in history, collectively generating over $1 billion in pre-tax profits.
The trio of ventures: the $TRUMP meme coin, World Liberty Financial, and American Bitcoin, a mining company now trading on the Nasdaq under ticker ABTC.
The three pillars of a crypto empire
American Bitcoin began trading on Nasdaq on September 3, 2025. The company operates approximately 89,000 miners and holds more than 7,000 BTC. It functions as a joint venture with Hut 8, one of the largest publicly traded Bitcoin mining companies in North America.
Then there’s World Liberty Financial, the DeFi-adjacent platform that launched its WLFI governance token and the USD1 stablecoin around April 2025. The family reportedly earned approximately $550 million from World Liberty Financial’s various efforts. A significant chunk of that, around $500 million, came through a token deal with Alt5 Sigma.
A billion for the family, but what about everyone else
A June 2026 Reuters investigation estimated the Trump family made approximately $2.3 billion across four main crypto projects. That figure dwarfs the $1 billion in pre-tax profits Eric Trump cited, though the discrepancy likely reflects different accounting windows, methodologies, or which revenue streams get counted.
What this means for investors
American Bitcoin’s Nasdaq listing is the most conventionally significant development of the three. A publicly listed mining company comes with SEC filings, audited financials, and regulatory oversight.
The USD1 stablecoin, launched alongside WLFI, bears watching as a potential long-term play. Stablecoins generate revenue through the yield on reserves, not through token appreciation.