Eric Trump: “Bitcoin will rise to one million US dollars”
- At the Bitcoin Asia Conference in Hong Kong, Eric Trump declared that Bitcoin would reach the $1 million mark in the next few years. “There's no question, Bitcoin will reach $1 million,” he told the audience.
- His core argument is based on the fixed supply of 21 million coins and the increasing inflow of capital from institutional investors. “Everyone wants it. Everyone is buying it. It doesn't take a genius to understand where this is going.” Trump advised investors to be patient and adopt a buy-and-hold strategy: “Buy now, close your eyes, hold for five years – and you'll be extremely well off.”
- He pointed to pension funds, major banks, Fortune 500 companies, and sovereign wealth funds that are buying Bitcoin and holding it long-term. This opens Bitcoin to trillions in additional liquidity. In conversations with investors and political decision-makers, he senses “how early we still are in this race.” Even heads of state are already deploying entire energy systems for mining projects.
- Trump also highlighted his commitment to the industry. His company, American Bitcoin, is “one of the largest mining companies in the world,” producing around 3 percent of the global BTC supply daily and planning a Nasdaq IPO. New use cases are emerging every day, he said—from staking to everyday payments. “You take this digital gold and put massive utility behind it.”
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