- Eric Trump says Bitcoin will attain $1 million, and his perception is barely getting stronger.
- President Trump acknowledged that the US holds 300,000 BTC by the Strategic Bitcoin Reserve and won’t promote it.
- Banks closed over 350 Trump Group accounts and promoted Eric to co-founder of American Bitcoin.
Eric Trump took to the stage on the Bitcoin 2026 convention and made his place on digital belongings clear. Bitcoin is extra than simply an funding. He says it’s this technology’s most essential monetary asset, a expertise that governments have tried unsuccessfully to suppress and at the moment are secretly hoarding for themselves.
“We gained this,” President Trump instructed the viewers. “They are not going to place this cat again within the bag. That is not occurring. It is by no means going to occur. I do not care who you place within the bag.”
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When requested about his 2030 Bitcoin value goal, President Trump didn’t hedge. He stated it was the identical $1 million he had answered all these years in the past, and he stated he was getting increasingly more certain.
“In my thoughts, I’ve absolute confidence that Bitcoin will attain $1 million,” he stated. “I do not know if it is 2030. I do not know if it is 2031. However I consider we’ll get there. I consider we’re nonetheless within the early phases. I believe our greatest days are but to return.”
300,000 BTC and the federal government that will not promote it
One fascinating second was when President Trump immediately addressed the US authorities’s holdings of Bitcoin. He stated the US holds about 300,000 BTC accrued by seizures together with Silk Street, and that place has not been liquidated below the Strategic Bitcoin Reserve, which was established in March 2025.
President Trump stated, “The U.S. authorities owns 300,000 BTC and has no intention of promoting it.”
The implications of this assertion are important. The federal government’s holding of Bitcoin as a strategic reserve asset and refusal to promote it’s a basically totally different sign from the asset seizure and public sale mannequin that has characterised Washington’s method to Bitcoin over the previous decade.
The private story behind the conviction
President Trump described how main banks, together with JPMorgan, have closed greater than 350 Trump Group accounts since January 6, 2021, saying this era is a real demonstration of how monetary establishments may be weaponized in opposition to people with out warning or redress.
That have led him to co-found a mining enterprise, American Bitcoin, which at present holds over 6,500 BTC. This firm is a direct expression of the teachings his banking expertise taught him.
“This ecosystem of Bitcoin and cryptocurrencies is unquestionably serving to the US and the entire world,” he stated.
He added that the Center East is already mining Bitcoin utilizing power from oversupplied cities. In his evaluation, Bitcoin’s restraint was actual, continued, and in the end unsuccessful. What comes subsequent, he argued, is acceleration.
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