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Eric Trump Repeats $1 Million Bitcoin Forecast, Sets $175,000 Target for Year-End

His comments coincide with plans to list American Bitcoin on Nasdaq through Gryphon Digital Mining.

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.