Eric Trump talks Bitcoin in Hong Kong, predicts $1 million valuation
Eric Trump and Donald Trump JR, during the Bitcoin 2025 conference in Nevada, Las Vegas, Nevada on Wednesday, May 28, 2025.
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In a statement on Friday, Eric Trump said that Bitcoin would finally reach a $ 1 million valuation while talking at a Hong Kong conference, and that US President Donald Trump would mark the first of Asian crypto events that would include his sons.
Speaking at Hong Kong’s Bitcoin Asia 2025 Conference, Eric Trump discussed his strong participation in the crypto field.
Orum I really believe in the next few years, Bitcoin is hitting a million dollars. No question, dedi he said, and added that 90% of his time was spent with the crypto community.
During the panel, the American businessman and former reality TV presenter also praised Simon Gerovich, Chairman and CEO of the Japanese Bitcoin Treasury Company Metaplanet. Eric joined the Company’s Consultants Board, which was listed with Tokyo earlier this year.
The price of Bitcoin increased by 86% in the last 12 months in the mid -12 months of the President’s idea of Trump’s election victory and a more positive regulatory environment in the crypto. However, it should be noted that crypto currencies can often be quite variable and that the area was covered with illegal activities and institutional scandals in the past. In 2022, Bitcoin and other digital currencies fell sharply after a series of large crypto companies went bankrupt.
Asia Push
Together with his brother Donald Trump JR, Eric Trump became important players in the growing crypto empire of the Trump family. The two are the founders of Bitcoin-Mining Venture American Bitcoin, and also helps the Trump family-backed project World Liberty Financial.
Now the brothers are expanding their precaution to digital assets to Asia. Shortly after Hong Kong, Eric Trump reportedly went to Japan to attend Metaplanet’s shareholder meeting. report From Bloomberg News.
In September, both Eric Trump and Donald Trump Jr. expected To talk at a South Korean crypto conference and the couple planned to appear Singapore, one of the world’s largest crypto events in the world, as the key speakers in Token 2049.
President Trump, who was once the crypto currency skeptic, adopted the crypto industry and branded himself as his first “Crypto President”.
“The Bitcoin community did not look like anything I have seen before, Eric Eric Trump said on Friday:” I hope this match is paid. “
The Trump administration launched a series of executive orders and supported policies welcomed by the digital asset industry, and filled the cabinet with crypto defenders such as David Sacks, such as the White House’s AI and Crypto Czar.
Trump also participated in crypto business initiatives, including World Liberty Financial and $ Trump Breast Coin, and led to calls for corruption and self -executive accusations and ethical investigations from opposition MPs.
Considering the common interests between the American President and his son’s crypto activities, market observers will follow how the two brothers were taken by government officials during their Asian tours.
Visits are opposed to the basis of the ongoing global trade War, which made President Trump a great target of Asia.
A Hong Kong official and a deputy, South China Morning Post, with advice not to interact with Eric Trump, then withdrew from a Bitcoin Asian Conference in the city. reported Thursday, referring to people familiar with the subject.
One archived version From the event, the web page confirmed that Eric Yip, General Manager of Securities and Futures Procedures Commission (SFC), and the deputy Johnny NG were on the speaker list for the event before being removed.
SFC said that CNBC could not participate in the event due to a business trip, and that South China Morning Post was withdrawn for family reasons.
Hong Kong Legislative Council did not respond to CNBC’s request for comments.
– Ryan Browne from CNBC contributed to this report.
