Eric Trump: Bitcoin Will Reach $1M

Eric Trump predicts bitcoin will hit $1 million, calling himself a “bitcoin maxi” and expecting BTC to reach $175,000 by the end of 2025.

Eric Trump doubles down on bitcoin

Eric Trump, son of former U.S. President Donald Trump, has once again expressed strong confidence in bitcoin. Speaking at the SALT conference in Jackson Hole, he claimed that bitcoin is destined to exceed $1 million per coin in the future.

Trump emphasized that he now spends over 50% of his time on cryptocurrency projects and mining initiatives. He even described himself as a “bitcoin maxi,” reaffirming his forecast that BTC will reach $175,000 before the end of 2025.

Bitcoin vs traditional finance

In his speech, Trump criticized the inefficiencies of the current financial system, citing slow transactions and high costs. He argued that bitcoin and blockchain technology can resolve these issues by enabling faster and more transparent settlements.

He also highlighted the progress of American Bitcoin, the mining company he co-founded earlier this year. In March, the firm merged with American Data Center, owned by Eric and Donald Trump Jr. The new entity is preparing to go public on Nasdaq through a merger with Gryphon Digital Mining (GRYP).

Ownership and market outlook

According to reports, the Trump brothers control 20% of the venture, while bitcoin miner Hut 8 owns the remaining 80%.

Interestingly, Trump’s bullish remarks came just hours after Coinbase CEO Brian Armstrong made a similar prediction, further fueling optimism about the crypto market’s long-term trajectory.

Institutional interest in bitcoin continues to grow, strengthening expectations of a sustained rally.