Eric Trump says Bitcoin could top $1 million, eyes $175,000 by 2025
At SALT Jackson Hole, Eric Trump said Bitcoin could top $1 million and hit $175,000 by 2025, citing faster payments and long-term value.
Eric Trump told attendees at the SALT conference in Jackson Hole on Wednesday that bitcoin will eventually reach more than $1 million per coin. The Trump Organization executive vice president also repeated his earlier prediction that bitcoin will reach $175,000 by the end of 2025.
Trump described himself as a “Bitcoin maxi” during his appearance at the Wyoming conference. He said he now dedicates more than half of his time to crypto-related projects. The comments came as investors and industry figures gathered ahead of expected economic policy discussions later this week in Jackson Hole.
He argued that Bitcoin and blockchain technology can solve problems in the current financial system. He pointed to faster transaction processing and quicker settlement times as key advantages. He called his view on the digital asset “long-term” and said he remains “convinced” of its future value.
The businessman shared personal stories about slow payment systems and banking delays to explain why he believes digital assets will become more widely adopted. These experiences, he said, demonstrate why traditional financial infrastructure needs improvement.
In March 2025, Hut 8 transferred most of its mining operations to American Data Centers (ADC) – a company formed by a group of investors that included Eric Trump and Donald Trump Jr. – which was later relaunched as American Bitcoin.
Existing owners of ADC — including the Trump brothers — collectively retain 20% of American Bitcoin, while Hut 8 holds the remaining 80%. The public listing details were confirmed during Trump's remarks and in previous company disclosures.
Trump made similar price predictions before. In December 2024, he spoke at a conference in Abu Dhabi where he projected Bitcoin could reach $1 million over time. He emphasized the asset's long-term growth potential during that earlier appearance.
His price forecast coincided with ongoing policy discussions in Washington about digital assets. Recent policy proposals focus on data transparency and market structure reforms, with bipartisan efforts gaining traction in recent weeks.
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