‘Bitcoin Maxi’ Eric Trump Predicts $175K Bitcoin Price by Year-End

Key Takeaways

  • Eric Trump calls himself a Bitcoin maxi at the Wyoming Blockchain Symposium.
  • Predicts a Bitcoin price of $175K by the end of the year.
  • The Trump family’s initiatives are extending to Hong Kong and Japan.

There’s been a lot of news out of Wyoming this week, from a dovish Powell at Jackson Hole to the first public stablecoin, Frontier Stable Token (FRNT), being launched by the state. But perhaps among the most surprising of all is Eric Trump’s newfound calling.

He now says he’s a “Bitcoin maxi,” and predicts that the Bitcoin price will reach $175,000 by the end of 2025, and eventually over $1 million a coin.

Eric Trump Is Bullish on Bitcoin Price

Eric Trump has made bullish predictions about the Bitcoin price before. Appearing before an adoring crowd at The Bitcoin Conference in Abu Dhabi in December 2024, he spoke of his plans to make the U.S. the crypto capital of the world, and said he was “confident” that Bitcoin would reach over $1 million.

However, his frequent bullish communications about Ethereum and other alts have raised some eyebrows among Bitcoin maxi circles. In February, when the ETH price was languishing at around $2,700 a coin, he posted:

“In my opinion, it’s a great time to add $ETH.”

The majority Trump family-owned World Liberty Financial holds around $300 million in ETH, and Eric Trump has frequently preached its virtues to the ire of Bitcoin maxis.

Notably, at the top of the replies to his post was Parker Lewis, the Head of Business Development at Unchained Capital and a prolific content creator in the Bitcoin space. He told Eric that insider VCs were dumping on him and to “do better research.”

It’s possible that Trump has been sufficiently orange-pilled over recent months that the news of his conversion is genuine. Longtime Bitcoin advocate, cryptographer, and Casa cofounder, Jameson Lopp, took a more moderate approach to the news, posting:

“He who realizes everyone’s a sh**coiner knows anyone can be a bitcoin maximalist”

While others commented:

“If he’s a Bitcoin maxi, I’m the fu**ing pope.”

Trump Bitcoin Initiatives in Japan and Beyond

According to the Financial Times, American Bitcoin, a mining and treasury company co-founded by Eric Trump and his brother Donald Trump Jr., is seeking to expand its operations to Asia.

The company is reportedly exploring potential acquisitions of listed firms in Japan and Hong Kong to use for stockpiling Bitcoin, taking a leaf out of the playbook of Michael Saylor’s Strategy, David Bailey’s Nakamoto, and a growing list of others.

American Bitcoin is also preparing for its IPO via a reverse merger with Nasdaq-listed Gryphon Digital Mining, of which Eric Trump is also a co-founder.

Further, according to Bloomberg, Eric Trump will travel to the Japanese capital, Tokyo, next month as part of his family’s expanding push into the crypto industry.

He will reportedly attend a shareholder meeting of Japanese Bitcoin treasury firm Metaplanet Inc. on Sept. 1.

The Trump family’s crypto roots extend well beyond the efforts of Eric, with the president’s very own Trump Media & Technology Group (parent of Truth Social), raising over $2 billion in July to create a Bitcoin treasury.

President Donald Trump further reported some $57 million in income from World Liberty Financial, of which he’s a 60% owner, and his Trump meme coin, which exploded in January of this year, has made an estimated $320 million to date.

While Eric Trump’s new embrace of Bitcoin maximalism may cause some skepticism in among long-term advocates, his public Bitcoin pushes and alignment with hard-money principles could highlight his conviction.

With American Bitcoin’s aggressive expansion plans in Asia, and Trump Media’s multibillion-dollar treasury push, the Trump dynasty may well emerge as one of the most influential political families backing Bitcoin on the global stage. And his $175K to $1 million Bitcoin price predictions will be welcomed among HODLers.

The post ‘Bitcoin Maxi’ Eric Trump Predicts $175K Bitcoin Price by Year-End appeared first on The Coin Republic.

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