The post Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead appeared on BitcoinEthereumNews.com. Bitcoin 18 September 2025 | 10:05 Eric Trump, co-founder of American Bitcoin and son of U.S. President Donald Trump, has revealed that he holds a significant personal stake in the crypto company and has no intention of selling. Trump said his ownership amounts to roughly 7.5% of shares and emphasized that both he and the board are committed to keeping their holdings locked in for the long term. According to Trump, the move reflects not only loyalty to the firm but also resistance to pressure from traditional financial institutions. He claimed that major U.S. banks have repeatedly tried to restrict his access to financial services, including efforts by Capital One, JPMorgan, and Bank of America. “They tried to shut us out of the system,” he said, describing the experience as the turning point that convinced him of crypto’s advantages. Trump argued that blockchain-based systems allow transactions to be handled “faster, cheaper, and more transparently” than legacy banking. He framed his support for American Bitcoin as both a business decision and a statement against what he called an ongoing “de-banking” campaign targeting the Trump Organization and its affiliates. By underscoring his commitment, Trump signaled that he views cryptocurrency not just as a financial instrument but as a defense against the limitations of traditional finance. His comments also echo a broader narrative that digital assets are becoming an alternative for those who feel sidelined by conventional institutions. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience… The post Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead appeared on BitcoinEthereumNews.com. Bitcoin 18 September 2025 | 10:05 Eric Trump, co-founder of American Bitcoin and son of U.S. President Donald Trump, has revealed that he holds a significant personal stake in the crypto company and has no intention of selling. Trump said his ownership amounts to roughly 7.5% of shares and emphasized that both he and the board are committed to keeping their holdings locked in for the long term. According to Trump, the move reflects not only loyalty to the firm but also resistance to pressure from traditional financial institutions. He claimed that major U.S. banks have repeatedly tried to restrict his access to financial services, including efforts by Capital One, JPMorgan, and Bank of America. “They tried to shut us out of the system,” he said, describing the experience as the turning point that convinced him of crypto’s advantages. Trump argued that blockchain-based systems allow transactions to be handled “faster, cheaper, and more transparently” than legacy banking. He framed his support for American Bitcoin as both a business decision and a statement against what he called an ongoing “de-banking” campaign targeting the Trump Organization and its affiliates. By underscoring his commitment, Trump signaled that he views cryptocurrency not just as a financial instrument but as a defense against the limitations of traditional finance. His comments also echo a broader narrative that digital assets are becoming an alternative for those who feel sidelined by conventional institutions. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience…

Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead

2025/09/18 15:08
Bitcoin

Eric Trump, co-founder of American Bitcoin and son of U.S. President Donald Trump, has revealed that he holds a significant personal stake in the crypto company and has no intention of selling.

Trump said his ownership amounts to roughly 7.5% of shares and emphasized that both he and the board are committed to keeping their holdings locked in for the long term.

According to Trump, the move reflects not only loyalty to the firm but also resistance to pressure from traditional financial institutions. He claimed that major U.S. banks have repeatedly tried to restrict his access to financial services, including efforts by Capital One, JPMorgan, and Bank of America.

“They tried to shut us out of the system,” he said, describing the experience as the turning point that convinced him of crypto’s advantages.

Trump argued that blockchain-based systems allow transactions to be handled “faster, cheaper, and more transparently” than legacy banking. He framed his support for American Bitcoin as both a business decision and a statement against what he called an ongoing “de-banking” campaign targeting the Trump Organization and its affiliates.

By underscoring his commitment, Trump signaled that he views cryptocurrency not just as a financial instrument but as a defense against the limitations of traditional finance. His comments also echo a broader narrative that digital assets are becoming an alternative for those who feel sidelined by conventional institutions.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

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