Trump Family Goes All In On Crypto: Bitcoin Price Predictions and Asian Expansion

The Trump family's foray into the world of digital assets is intensifying, with Eric Trump making bold price predictions for Bitcoin and the family's business interests expanding into Asia.

Eric Trump's Bitcoin Bullishness

Eric Trump recently declared himself a "Bitcoin maxi" and predicted that Bitcoin would reach $175,000 by the end of 2025, eventually exceeding $1 million. He highlighted the potential of Bitcoin and blockchain technology to address inefficiencies in traditional finance, such as slow payment processing.

Asian Expansion: Metaplanet and American Bitcoin

Bloomberg reported that Eric Trump is scheduled to attend a shareholder meeting of Metaplanet in Tokyo, a Japanese company mirroring MicroStrategy's strategy of accumulating Bitcoin. This follows a planned appearance at the Bitcoin Asia conference in Hong Kong. American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., is reportedly exploring acquisitions in Japan and Hong Kong to use listed firms as vehicles for stockpiling Bitcoin.

American Bitcoin's Strategy

American Bitcoin, formed from a reorganization of American Data Centers, aims to become a leading Bitcoin accumulation platform through active treasury management and new coin production. The company is preparing to go public in the U.S. via a reverse merger with Gryphon Digital Mining.

Family-Wide Crypto Push

The Trump family's involvement extends beyond Eric Trump. Trump Media & Technology Group, parent of Truth Social, raised significant capital to create a Bitcoin treasury. Former President Donald Trump disclosed income from a crypto startup. These ventures highlight the family's growing alignment with the crypto industry, particularly as Japan and Hong Kong compete to attract digital asset firms.

Key Takeaways

• Eric Trump predicts Bitcoin will reach $175,000 by 2025 and eventually surpass $1 million.
• The Trump family is expanding its crypto interests into Asia through Metaplanet and American Bitcoin.
• American Bitcoin aims to become a leading Bitcoin accumulation platform.
• The family's crypto push extends beyond Eric Trump, with Trump Media & Technology Group and Donald Trump also involved.