Overview
- Speaking at Bitcoin Asia 2025 in Hong Kong, Eric Trump said Bitcoin will reach $1 million within several years as the cryptocurrency traded near roughly $110,000.
- He based the outlook on Bitcoin’s fixed 21 million supply colliding with growing institutional and retirement-plan access.
- Trump spotlighted American Bitcoin, claiming it produces about 3% of daily issuance, mines at roughly $37,000 per coin using Texas power, and plans a Nasdaq listing soon, though these are his assertions without independent confirmation.
- Media coverage noted potential financial upside for the family, with a Forbes editor estimating about $3.5 billion of President Donald Trump’s wealth is tied to crypto-related ventures.
- He characterized China as a powerful driver of crypto innovation and suggested U.S.–China leaders could eventually discuss digital assets.