Eric Trump, co-founder of American Bitcoin and son of U.S. President Donald Trump, is confident in the inevitable rise of Bitcoin to $1 million in the next few years.
This is reported by Finway
Active Growth in Demand for Bitcoin Among Institutions
During a speech at the Bitcoin 2025 Asia conference, Eric Trump stated that interest in Bitcoin is rapidly increasing among major financial institutions, wealthy families, and large corporations. According to him, governments and Fortune 500 companies are actively investing in the first cryptocurrency, viewing it as a reliable digital asset for capital preservation.
“There are governments buying Bitcoin in huge quantities. There are Fortune 500 companies purchasing the asset in large volumes. There are the largest families and the largest companies on Earth that believe in this digital means of saving. Everyone wants Bitcoin. Everyone is buying Bitcoin,” said the businessman.
Optimism About Further Growth and New Company Strategies
Trump emphasized that he has never doubted the sustained increase in the value of Bitcoin. He highlighted that the current political and economic situation in the U.S. only strengthens the position of this cryptocurrency in the market. According to the entrepreneur, all the necessary conditions for further growth have already been established.
He reminded that back in 2023, he predicted Bitcoin’s price would reach $1 million by the end of 2024. Despite this prediction not coming true, Trump believes that the growing interest from major players makes achieving this milestone only a matter of time.
Eric Trump also noted that Bitcoin is still in the early stages of mass adoption. Most investors and users are still not well-versed in the concept of digital assets and future financial systems. However, he is confident that the situation is improving, and more people are becoming familiar with the new opportunities offered by cryptocurrencies.
Regarding business strategy, American Bitcoin, the company associated with Eric Trump, is considering the possibility of acquiring a public firm in Japan and does not rule out purchasing a company in Hong Kong. The management of American Bitcoin plans to use these assets as a platform for further accumulation of Bitcoin, similar to the Strategy model.
Additionally, American Bitcoin plans to go public on the Nasdaq in September 2025.