Eric Trump Predicts Bitcoin to Reach $1 Million, Calls it "Best Asset Class of All"

Eric Trump, a "Bitcoin maxi" and son of Donald Trump, predicts Bitcoin will reach $175,000 by the end of 2023 and cross $1 million. He believes cryptocurrency "might be the best asset class of all," and spends half his time on crypto projects. Trump was appointed as a strategic advisor for Metaplanet Inc, a Japanese Bitcoin treasury firm, and will attend a shareholder meeting in Tokyo next month.

Eric Trump, the son of former U.S. President Donald Trump, has been making bold predictions about the future of Bitcoin. At the Wyoming Blockchain Symposium, he described himself as a "bitcoin maxi" and predicted that Bitcoin could reach $175,000 by the end of 2025 and eventually climb past $1 million [1]. He believes cryptocurrency "might be the best asset class of all" and spends more than half of his time on crypto projects.

Trump's involvement in the crypto space extends beyond predictions. He co-founded American Bitcoin, a miner and treasury company that is exploring acquisitions of publicly-listed firms in Japan and Hong Kong to serve as digital asset treasury vehicles [1]. American Bitcoin aims to become the world's most efficient Bitcoin accumulation platform, combining active treasury management with new coin production [1].

In a significant move, Eric Trump has been appointed as a strategic advisor to Metaplanet Inc., a Japanese Bitcoin treasury firm modeled on Michael Saylor's Strategy Inc. He will attend a shareholder meeting in Tokyo on September 1, following his participation in the Bitcoin Asia conference in Hong Kong on August 28–29 [2]. Metaplanet, formerly a hotel operator, pivoted to Bitcoin accumulation in early 2024, using business profits to build its holdings. The company currently holds more than $2.1 billion in Bitcoin [2].

The Trump family's growing involvement in digital assets is evident through various ventures. Trump Media & Technology Group, the parent company of Truth Social, has accumulated more than $2 billion in Bitcoin. Additionally, a Las Vegas-based firm tied to Trump associates recently announced a $1.5 billion deal to transition into a crypto treasury, including tokens linked to World Liberty Financial, a Trump-affiliated venture [2].

Japan and Hong Kong are competing to attract digital asset firms. Japan's Financial Services Agency (FSA) will approve the first yen-denominated stablecoin as early as this fall. Meanwhile, Hong Kong has the Stablecoins Ordinance, a regulatory framework that requires fiat-referenced stablecoin issuers to obtain a license from the Hong Kong Monetary Authority (HKMA) [1].

References:
[1] https://www.coindesk.com/business/2025/08/23/eric-trump-makes-bitcoin-price-predictions-as-he-reportedly-gets-ready-to-visit-metaplanet
[2] https://finance.yahoo.com/news/eric-trump-join-metaplanet-meeting-180824307.html