'No question Bitcoin hits $1M' — Eric Trump at BTC Asia 2025
01.09.2025
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Eric Trump, son of US President Donald Trump and co-founder of Bitcoin mining firm American Bitcoin (ABTC), said on Friday that there is 'no question' that BTC hits $1 million in the next several years.
Eric Trump, son of US President Donald Trump and co-founder of Bitcoin mining firm American Bitcoin (ABTC), dropped a bombshell at the Bitcoin Asia 2025 conference in Hong Kong: Bitcoin is absolutely hitting $1 million in the next few years. No cap. He first called this back in December 2024, and now he's doubling down, citing insane demand from nation states, Fortune 500 giants, and the world's wealthiest families all stacking sats like there's no tomorrow.
'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. You've got the biggest families, you've got the biggest companies on Earth that believe in this digital store of value. Everybody wants Bitcoin. Everybody is buying Bitcoin. 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.'
Despite this massive institutional FOMO, Trump insists current hodlers are still early AF because most people still don't get digital money or the future of finance. It's like being in on the ground floor while everyone else is asleep at the wheel.
Gryphon approves merger with American Bitcoin amid slight BTC drawdown
In related news, Gryphon Digital Mining shareholders just greenlit a reverse merger with ABTC, set to relist on Nasdaq in September under the ABTC ticker. Gryphon's stock has been on a tear, up 231% since the deal was announced in May 2025 and surging 42% just on Thursday. This all went down while Bitcoin took a minor L, dipping nearly 13% from its ATH of around $124,500 on Aug. 14. Price is now below the 50-day EMA, hinting at more short-term pressure, but the long-term vibes are still bullish as hell.
#Bitcoin bull market#Institutional investments#Corporate cryptocurrency investments#Bitcoin Price Predictions#Bitcoin price increase
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