Executive Summary
The Story So Far
Why This Matters
Who Thinks What?
Eric Trump, son of US President Donald Trump and co-founder of American Bitcoin (ABTC), asserted on Friday that Bitcoin (BTC) will “unquestionably” reach $1 million in the coming years. Speaking at the Bitcoin 2025 Asia conference in Hong Kong, Trump cited increasing belief and adoption from nation states, Fortune 500 companies, and influential families as the driving force behind his bullish prediction.
Bitcoin’s Path to $1 Million
Trump reiterated his previous prediction for Bitcoin’s price, emphasizing that the widespread institutional and governmental embrace of the cryptocurrency signals a significant shift in global finance. He highlighted that this growing confidence from major players is a key indicator of Bitcoin’s inevitable rise to the $1 million mark.
According to Trump, “That’s an incredible thing, and that’s why I’ve always said that I really believe in the next several years, Bitcoin will hit $1 million. There’s no question that Bitcoin hits $1 million.”
Early Adoption and Future Growth
Despite the current surge in demand and interest, Trump also suggested that existing Bitcoin adopters are still considered “early.” He argued that the vast majority of market participants have yet to fully grasp the transformative potential of digital money and its role in the future of finance, indicating substantial room for further growth.
Concluding Thoughts
Ultimately, Eric Trump’s remarks at the Hong Kong conference underscore a strong conviction in Bitcoin’s long-term value, driven by increasing mainstream adoption and a belief that its true potential is still largely untapped.