Eric Trump, Executive Vice President of the Trump Organization, publicly forecasted that Bitcoin could reach a valuation of $1 million, delivering his comments at the Bitcoin Asia Conference held in Hong Kong in late August 2025. His bullish stance reflects a growing optimism among prominent figures about Bitcoin’s long-term potential amid accelerating global adoption.
During the conference, Eric Trump emphasized the strong bond between the Trump family and the Bitcoin community, noting that the community offered unprecedented support to his father, former U.S. President Donald Trump, especially before his potential 2024 re-election campaign. “The Bitcoin community embraced my father unlike anything I had ever seen before,” Eric Trump said. “And I hope that’s paid off in spades because we love this community. We believe in this community.” This relationship, he suggested, embeds a personal and strategic affinity toward the cryptocurrency space.
Trump’s price prediction for Bitcoin is notably bold. He asserted, “There’s no question. Bitcoin takes $1 million,” pointing to significant momentum behind the crypto asset in 2025, including a notable 18% price rise earlier in the year. Bitcoin reached an all-time high of $124,480 in mid-August but had a slight correction to around $110,500 as of late August.[1][3]
Expanding on his views, Eric Trump highlighted the accelerating adoption of Bitcoin and digital currencies globally. He observed that nation-states, Fortune 500 corporations, and influential families are increasingly acquiring Bitcoin as a store of value. During a discussion at the conference, he stated: “You’ve got nation states that are buying the hell out of Bitcoin. You’ve got Fortune 500 companies that are buying the hell out of Bitcoin. Everybody wants Bitcoin. Everybody is buying Bitcoin.”[2]
In conversations with powerful Asian business leaders, Trump noted the early stage of digital asset adoption in that region, underlined by the need to explain the concept of digital currencies even to influential stakeholders. This, he claimed, highlights the substantial growth potential ahead. He advised skeptics worried about timing the market or having missed the opportunity to buy to disregard those fears, urging instead to “Buy right now. Shut your eyes. Hold it for the next five years.”[2]
Separately, Eric Trump’s involvement extends beyond price commentary. Reports suggest he is deepening his presence in Asian crypto markets, with plans to engage in strategic ventures including attending a shareholder meeting for Metaplanet, a Japanese company focused on digital asset treasury management, following the Bitcoin Asia Conference.[5]
Regarding regulatory environments, Trump credited friendlier policies implemented during the Trump administration for supporting Bitcoin’s 2025 price rally. This regulatory clarity, combined with consistent institutional demand, has invigorated market optimism despite volatility fluctuations.[1][3][4]
Eric Trump’s multifaceted role—as a crypto advocate, business strategist, and family figurehead—highlights a growing intersection of political influence and digital asset markets. His enthusiastic endorsement of Bitcoin, combined with his prediction of a $1 million valuation, contributes to an ongoing narrative of cryptocurrency as a transformative financial technology with widespread backing.
While bitcoin enthusiasts and some investors echo his optimism, industry analysts stress that such a price milestone depends on various factors including technological development, regulatory evolution, and macroeconomic conditions. Nonetheless, Trump’s statements at the Hong Kong event mark a significant moment of high-profile bullish sentiment within the crypto sphere in 2025.