- Eric Trump said Bitcoin will reach $1 million and could go higher.
- Major companies and wealthy families are already holding Bitcoin.
- Treasury experts pointed to scale and strong risk management as key.
Eric Trump made headlines at the Asia Bitcoin Summit in Hong Kong, telling the audience that Bitcoin would climb to $1 million in the future. He called it digital gold, a scarce asset that nations, corporations, and wealthy families are already adding to their reserves. Trump said this early stage of adoption shows how much room Bitcoin still has to grow.
The Trump family’s connection to BTC grew after they were debanked by U.S. institutions. Eric recalled that David Bailey first invited his father onto the Bitcoin stage, an event he described as a turning point. He stressed that scarcity makes BTC unique, with only 21 million coins ever to exist.
Trump also pointed to his own business involvement. He works with MetaPlanet in Asia, a company known for corporate BTC adoption. In the U.S., he leads American Bitcoin, a mining firm that produces about 3% of the global supply each day.
He said their production cost is around $37,000 per coin, far lower than the current market price of more than $110,000. With a NASDAQ listing in progress, Trump said the company is well-positioned for the next wave of institutional interest.
MicroStrategy Highlights Financing Power at Scale
Other speakers gave their views on the path ahead for BTC treasury firms. Michael Saylor, through MicroStrategy, has become one of Bitcoin’s most visible advocates. He said reaching $1 billion in assets is critical for any firm because it unlocks financing options and builds resilience in volatile markets.
Also Read:Strategy Buys 155 BTC as Bitcoin Treasury Hits 628,946 Coins
Andrew, the head of a growing BTC treasury company, explained that clear communication with shareholders has been key to their fast rise. He argued that Bitcoin-focused equities remain undervalued compared with traditional stocks.
Capri from Kraken Institutional added that brand reputation, timing, and being among the top firms are essential to attract institutions. Kraken, he noted, provides lending, custody, and trading solutions to help companies manage their BTC holdings.
Asia Powers Bitcoin Adoption Through Mining Investments
Asia’s role in BTC adoption was another focus at the summit. Attendees highlighted how governments in the region, including China and parts of the Middle East, have invested heavily in mining.
In some cases, entire city energy supplies were used to power BTC farms, showing how committed certain states and funds have become. Smaller nations in South America have also leaned on BTC as protection against inflation.
In the U.S. and Europe, the environment is more flexible thanks to clear regulatory frameworks. Trump said that under new American leadership, progress in digital assets over the past seven months has been faster than in the previous decade. He urged the audience to see BTC as a rare opportunity, stressing that the world is still in the early phase of a major financial shift.
Also Read: Bitcoin Bears Eye $105,000 Support as Metaplanet Expands Holdings
