<div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/68b85f0dea0741d649c9bc48/Key-Speakers-At-Bitcoin-Asia-Conference/1960x0.jpg?fit=scale" alt="Key Speakers At Bitcoin Asia Conference" width="100%" height="auto"></div><div><div class="bMqrj"><div class="Jp--BF7-"><span style="-webkit-line-clamp:2" class="Ccg9Ib-7 _8XF2kHYM">Eric Trump was at a Bitcoin conference in Hong Kong last week to promote his new venture.</span></div><small class="pGGCM2aD">Chan Long Hei/Bloomberg</small></div></div>

<abbr class="drop-cap color-accent font-accent">T</abbr>he Trump family’s crypto bonanza keeps getting bigger. Eric Trump, the president’s second son, is now worth at least $3.2 billion, after shares of American Bitcoin, his cryptocurrency mining company, skyrocketed in their market debut Wednesday morning.

Eric Trump holds 367 million shares, according to a July prospectus filed with the Securities and Exchange Commission. Investors traded shares at $8.81 this morning, giving the first son a publicly traded stake that dwarfs any of the family’s real estate holdings.

Eric Trump did not immediately respond to a request for comment.

<em>This is a developing story. Please check back for updates. </em>

It’s not just the president getting rich on crypto. His heirs are now making more money in months than Donald Trump did from decades in real estate. {ai:summary}<p>Eric Trump pitched his crypto mining venture at a Hong Kong Bitcoin conference last week.</p><p>His stake in American Bitcoin tops $3.2 billion after Wednesday’s market debut; he owns 367 million shares, traded at $8.81, per an SEC prospectus.
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Eric Trump Is Now A Billionaire

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