Overview
- Speaking at Bitcoin Asia on Aug. 29, Eric Trump predicted Bitcoin will reach $1 million within the next several years.
- He urged a buy-and-hold approach for retail investors, saying to purchase now, ignore short‑term swings, and hold for five years.
- He promoted American Bitcoin, which he said produces about 3% of global output and is preparing to list on Nasdaq in September.
- World Liberty Financial said its WLFI token will become tradable on Sept. 1, with decentralized futures pricing implying roughly a $40 billion fully diluted value, according to Forbes.
- Reports noted Bitcoin’s recent record near $124,000 on Aug. 14 and prices around $108,000–$110,000 during coverage, while cautioning that some anecdotes and figures he cited remain unverified.