Eric Trump has stated at the recent Wyoming Blockchain Symposium that he identifies as a ‘bitcoin maxi.’ He predicts Bitcoin will reach $175,000 this year and eventually $1 million.
Key Points:
- At the Wyoming Blockchain Symposium, Eric Trump declared he is a ‘bitcoin maxi’ and forecasted BTC’s value at $175,000 this year, predicting it will eventually surpass $1 million.
- Reports indicate that American Bitcoin, co-founded by Trump, is looking to acquire publicly-listed companies in Japan and Hong Kong that can act as digital asset treasury vehicles.
- He plans to attend a Metaplanet shareholder meeting in Tokyo on September 1 following the Bitcoin Asia 2025 conference in Hong Kong.
Eric Trump is taking active steps to deepen his engagement in digital assets with predictions on Bitcoin prices and new business ventures that extend the family’s influence in Asia.
Bloomberg reported that Trump would participate in a shareholders’ meeting for Metaplanet, a company in Japan adhering to the strategies pioneered by Michael Saylor’s MicroStrategy. Trump was appointed as a strategic advisor earlier this year. This visit comes on the heels of the Bitcoin Asia conference at the end of August.
A day earlier, at the Wyoming Blockchain Symposium, Trump remarked that he now dedicates more than half of his time to cryptocurrency initiatives. He emphasized that Bitcoin has the potential to rectify inefficiencies in traditional finance, notably in payment and settlement processes.
The Financial Times noted that American Bitcoin is pursuing the acquisition of companies listed in Japan and Hong Kong to utilize them for aggregating Bitcoin, emulating paths established by Michael Saylor. The company aims to go public in the U.S. via a reverse merger with Gryphon Digital Mining.
These undertakings showcase how Eric Trump and his family are aligning with the cryptocurrency world, especially as Japan and Hong Kong intensify their efforts to attract digital asset businesses.
Japan’s Financial Services Agency is set to approve the first yen-denominated stablecoin imminently, while Hong Kong has established regulations for stablecoin issuers, further highlighting the importance of the region in the crypto landscape.
