Overview
- Speaking in Jackson Hole at SALT and the Wyoming Blockchain Symposium, Eric Trump said he expects Bitcoin to reach $175,000 by year-end and eventually $1 million.
- Trump called himself a bitcoin maxi and said he now spends more than half of his time on cryptocurrency ventures.
- American Bitcoin, tied to Eric and Donald Trump Jr., is preparing to go public via a merger with Gryphon Digital Mining, with the brothers holding about 20% and Hut 8 about 80%.
- Trump suggested without verification that a country may have quietly purchased 200,000 BTC, a remark that generated speculation but lacks on‑chain or official confirmation.
- Separately, Coinbase CEO Brian Armstrong forecast Bitcoin could hit $1 million by 2030, reinforcing a broader institutional bullish narrative.