Propose an edit: Eric Trump

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Title Category One sentence summary Infobox, one "key: value" per line Article body, markdown, use [[wiki links]] and end with a ## References section

Eric Trump is a Trump Organization executive and the Trump family's most operationally active crypto figure: he cofounded World Liberty Financial, serves as Chief Strategy Officer of the Nasdaq listed Bitcoin miner American Bitcoin, and became a recurring crypto twitter character for his repeated "Buy the dips!!!" calls during Bitcoin selloffs, most famously on February 25, 2025, when Bitcoin fell below 90,000 dollars and his post drew over 68,000 likes and 19.4 million views.

Eric Frederick Trump was born January 6, 1984, in New York City, the third child and second son of [[Donald Trump]] and his first wife Ivana Trump. He attended Trinity School and graduated from Georgetown University, is a trustee and executive vice president of The Trump Organization alongside his older brother Donald Trump Jr., founded the Eric Trump Foundation at 21, which has raised over 50 million dollars for St. Jude Children's Research Hospital, and married Lara Trump in 2014; his pre crypto career is documented at Wikipedia (https://en.wikipedia.org/wiki/Eric_Trump).

## World Liberty Financial

World Liberty Financial launched in September 2024 as the Trump family's decentralized finance venture, and Eric Trump is one of its cofounders; per a person familiar with the project quoted by Yahoo Finance, he is one of two people actually calling the shots day to day at WLFI. As of a July 26, 2026 scrape, his X bio described him as "Executive Vice President of The @Trump Organization... @WorldLibertyFi @ABTC #MakeAmericaGreatAgain." A July 1, 2026 CT financial commentary post summarizing WLFI's disclosure described the platform as run day to day by Eric Trump and said it "made the Trump family more money than almost any business venture in presidential history," an attributed claim rather than an official filing quote.

A widely shared satirical thread, framed as a fictional WLFI "Web3 Ambassador" confession and cited widely in trench discourse, lists Eric Trump among four named Trump family team members, describes him as having "launched a Bitcoin mining company called American Bitcoin" with Hut 8 as the mining partner, and alleges WLFI sends 75 percent of every dollar to a family entity; it also references [[Justin Sun]]'s 75 million dollar WLFI investment, made while he faced SEC fraud charges that were later dropped, and quotes Donald Trump Jr. calling the conflict of interest criticism "complete nonsense." This is reported here as attributed discourse rather than verified fact; Sun's WLFI investment and SEC case are documented separately at [[Justin Sun]]. On August 17, 2026, a CT thread reported that Barron Trump, then 18, was named WLFI's "Web3 Ambassador" and had been linked to a roughly 40 million dollar windfall, and that WLFI's own materials list four Trump family cofounders including Donald Trump Jr., Eric Trump, and Barron Trump; this is attributed to the thread's author rather than an official filing.

## American Bitcoin

American Bitcoin originated on March 31, 2025, when American Data Center, owned by Eric Trump and Donald Trump Jr., merged into a Bitcoin mining venture with Hut 8, which supplied 61,000 mining rigs and 11 US data centers in exchange for 80 percent ownership; Eric Trump serves as Chief Strategy Officer. On May 12, 2025, Gryphon Digital Mining announced a stock for stock merger agreement with American Bitcoin Corp under which American Bitcoin shareholders would own 98 percent of the combined company and Gryphon holders 2 percent, with trading expected to begin under ticker ABTC by early September 2025.

ABTC debuted on Nasdaq on September 3, 2025, opening at 6.90 dollars, ripping close to 100 percent intraday, and closing up roughly 16 percent, valuing the company near 5 billion dollars on debut. Its post IPO high was 14.65 dollars a share; by early May 2026 the stock traded 92 percent below that high. Shares dropped sharply in December 2025 on the expiration of the post IPO lockup period for early investors including Eric Trump, before partially recovering. Quarterly net losses reported through CT market recap coverage were 59.5 million dollars in Q4 2025, 81.8 million dollars in Q1 2026 (with shares down 9 percent on the news), and 57.2 million dollars in Q2 2026, even as the company's Bitcoin treasury grew to 8,002 BTC; one CT account calculated the stock down 63 percent year to date and over 92 percent since its Nasdaq listing as of July 2, 2026, an attributed estimate rather than an audited figure.

On April 28, 2026, Eric Trump publicly clapped back at a critical Forbes story: "Since being acquired by China, @Forbes has become a political weapon and an embarrassment to journalism. Just over a year ago, American Bitcoin did not exist. 7 Months and 25 days ago we went public on the NASDAQ. Today we hold over 7,000 Bitcoin and stand as the 16th largest pu[blic holder]." The company activated 11,298 new miners at its Drumheller, Alberta facility on April 22, 2026, and separately built a liquid cooled, wind powered data center in Amarillo, Texas. On August 18, 2026, Hut 8 chief executive Asher Genoot said in a podcast appearance that American Bitcoin holds over 50 percent net margins through price swings because "difficulty adjustment does the work, not the chip choice," a margin claim that sits alongside, and is not reconciled with, the GAAP net losses reported the same summer. Early investor Grant Cardone publicly defended his position during the December 2025 lockup selloff: "I'm an early investor in @ABTC. I'm a long term investor, not a trader... quick money never builds real [wealth]." Critics have called American Bitcoin a "scam" following the earlier TRUMP and MELANIA memecoin drawdowns; one December 3, 2025 CT post read, "After the rug pull of TRUMP (-80%) and MELANIA (-94%)... American bitcoin is the latest scam," an attributed claim rather than an independently verified one.

## Buy the dips

Eric Trump's defining crypto twitter moment came on February 25, 2025, as Bitcoin fell below 90,000 dollars for the first time in three months: he posted "Buy the dips!!!" The post drew 68,013 likes, 8,072 retweets, 12,057 replies, and over 19.4 million views as scraped. The market's initial reaction was hostile, since Bitcoin kept falling for roughly two more months to a low near 74,500 dollars, drawing replies including "This is not a dip, this is a bloodshed crash caused by the tariff and trade war" and "Didnt you say this 30% ago." Bitcoin then recovered to new highs by May 2025, which crypto press framed as him being vindicated.

He repeated the call at least twice more in 2025: once in early August 2025 when Bitcoin was near 112,000 dollars, down from 123,000, and Ether near 3,400 dollars, followed by a rally to roughly 124,500 Bitcoin and near 5,000 Ether; and again in late September or early October 2025 with Bitcoin below 110,000 and Ether below 4,000, followed by a rebound to about 115,000 Bitcoin and 4,200 Ether. Separately, he has repeatedly predicted Bitcoin will hit 1 million dollars, first widely reported around December 9, 2024, and repeated as the closing line of a keynote speech at the Bitcoin Asia 2025 conference in Hong Kong on August 29, 2025. He continued posting bullish commentary into mid 2026, for example "ETH is pumping hard! Great to see! Crypto is the future..." on July 11, 2026, which drew 12,145 likes.

## Never fade Eric Trump

The bullish crypto twitter meme built around his calls is "never fade Eric Trump," coined after trader Gordon posted the phrase reacting to the market's recovery following the February 25, 2025 "buy the dips" call, modeled explicitly on the older trading mantra "don't fight the Fed." CoinDesk covered the debate under the headline "Should BTC, ETH Traders Fade Eric Trump?" on March 10, 2025, concluding his calls were "not for short term speculators." The skeptical counter meme is the hashtag #InverseEricTrump, used on crypto twitter to mock his track record, for example in an April 29, 2026 reply to a Kalshi crypto account. Political and crypto critics separately reply into his timeline with corruption framing, for example a May 11, 2026 reply to a WLFI related post reading "The most corrupt Government in History, does it again," which drew 334 likes.

## Fake Eric Trump tokens

The wave of fake Trump family memecoins that followed the January 2025 [[Official Trump]] and [[Melania]] launches reached Eric Trump directly. A fake "Eric Trump" token spiked roughly 6,200 percent in under a day to a 160 million dollar market cap in May 2025 before rug pulling to about 30,000 dollars almost instantly; onchain analytics account [[Bubblemaps]] had warned followers not to buy it hours before the pull, and the same operator had reportedly tried three earlier failed Eric Trump branded tokens first.

## Metaplanet advisory role

Eric Trump joined Tokyo listed Metaplanet's strategic advisory board around March 24, 2025, the same day Metaplanet announced acquiring 150 more BTC to reach 3,350 BTC, about 291 million dollars at the time, with the firm's BTC Yield metric up 68.3 percent year to date.

## Current status, August 2026

As of the August 3, 2026 CT market recap, American Bitcoin had just reported a 57.2 million dollar Q2 net loss while its Bitcoin treasury grew to 8,002 BTC, with Bitcoin trading near 62,600 dollars, well below the highs referenced in his April 2026 Forbes clapback. Hut 8 leadership continued publicly promoting American Bitcoin's mining economics via podcast appearances as of August 18, 2026. WLFI's conflict of interest coverage continued into August 2026, including reporting on an Emirati managed investment vehicle tied to Sheikh Tahnoon's IHC network named as an indirect WLFI bank investor by the OCC on August 15, 2026, and a Capital One anti money laundering court filing referencing over 300 Trump linked accounts on August 3, 2026; both are general WLFI and Trump family stories rather than Eric Trump specific actions.

## Significance

Eric Trump personifies the operational half of the Trump family's crypto era: while [[Donald Trump]] supplied the political capital that launched TRUMP and World Liberty Financial, Eric Trump runs the day to day ventures, chiefly WLFI and American Bitcoin, that convert that access into recurring income, and absorbs both the "never fade" bull case and the #InverseEricTrump skepticism that comes with it.

## References

- https://en.wikipedia.org/wiki/Eric_Trump
- https://finance.yahoo.com/news/eric-trump-joins-world-liberty-145554807.html
- https://x.com/EricTrump
- https://x.com/wealthyanon/status/2072385600800407943
- https://x.com/gothburz/status/2043043381559837153
- https://x.com/Gustafssonkotte/status/2089435789373460986
- https://www.coindesk.com/markets/2025/05/12/trump-family-backed-american-bitcoin-to-go-public-via-merger-with-gryphon-digital
- https://x.com/TradedVC/status/1978165490062131586
- https://x.com/iOCharts/status/1966354848460550211
- https://fortune.com/crypto/2025/09/03/american-bitcoin-nasdaq-trading-eric-donald-trump-jr-hut-8/
- https://x.com/Tyler_Did_It/status/2052716673354907708
- https://x.com/Benzinga/status/1996501694939558158
- https://x.com/Tyler_Did_It/status/2084255466318671890
- https://x.com/_OfficialBobgeh/status/2072619431834894435
- https://x.com/EricTrump/status/2049192250060783820
- https://x.com/Tyler_Did_It/status/2048733903784202264
- https://x.com/PodcastAlphaX/status/2089535268042822093
- https://x.com/GrantCardone/status/1996392429839118424
- https://x.com/AdameMedia/status/1996069710517899342
- https://x.com/EricTrump/status/1894371171736408116
- https://finance.yahoo.com/news/eric-trump-says-buy-dips-131559004.html
- https://cryptonews.com/news/eric-trump-tells-followers-to-buy-the-dip-amid-bitcoin-drop-faces-backlash-from-concern-investors/
- https://finance.yahoo.com/news/buy-dips-eric-trump-making-185151223.html
- https://x.com/DigitalAssetsUS/status/1961513884507894176
- https://x.com/EricTrump/status/2076065170099417470
- https://www.coindesk.com/markets/2025/03/10/should-crypto-traders-ignore-eric-trump-data-indicates-his-views-aren-t-for-short-term-speculators
- https://x.com/ChadNedohin/status/2049593399372878126
- https://x.com/POFFADER/status/2053919173215166522
- https://www.bitget.com/news/detail/12560604760847
- https://beincrypto.com/fake-eric-trump-meme-coin-rug-pull/
- https://x.com/Altcoin_Alerts/status/1904073892848677279
- https://x.com/ThomAsterJourno/status/2088569595065950430
- https://x.com/ThomAsterJourno/status/2084185014820851951

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