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Trump's son is optimistic about Bitcoin, predicting it will break through high levels by 2026.
Donald Trump’s son, Donald Jr., and Eric recently spoke out publicly, expressing confidence in the prospects of the cryptocurrency market. According to the latest quotes, Bitcoin’s current trading price is $90.23K, with a 24-hour increase of 0.86%. The Trump brothers are not only voicing support but have also taken concrete actions, actively positioning themselves in this emerging field. The key driving force behind this is Bitcoin advocate and MicroStrategy founder Michael Saylor.
Donald Trump’s Sons’ Price Predictions and Market Outlook
Donald Jr. predicts that by the end of 2026, Bitcoin could reach a high of $150,000 to $175,000. Eric is even more optimistic, outright stating that Bitcoin “will soar all the way to the moon.” He further points out that Bitcoin’s fixed supply cap is increasing market awareness of its scarcity, with billions of dollars flowing into the market daily. Future holdings of 0.1 Bitcoin could become a significant wealth asset.
Looking back at price performance, Bitcoin hit a record high of $112,000 in May, rebounding more than 45% from the early-year lows. Against this backdrop of growth, the optimistic predictions from Donald Jr. have gained some market support.
From Support to Action: The Trump Brothers Accelerate Crypto Market Deployment
Beyond verbal support, Donald Jr. and Eric have begun taking action. Their projects span Bitcoin mining and DeFi ecosystems. Among them, American Bitcoin, a joint venture between publicly listed mining company Hut 8 and the Trump family’s American Data Centers, is currently preparing for a SPAC listing. Meanwhile, World Liberty Financial has launched the stablecoin USD1, further expanding their footprint in the crypto space.
Donald Jr. emphasized, “We’re not just expressing support; we’re actually executing. We are very optimistic about the future of the cryptocurrency market, and it has become a core part of our business.” This pragmatic stance reflects the Trump family’s long-term strategic commitment to the crypto industry.
Bitcoin Reserve Strategy Imitating MicroStrategy Model
The Trump family’s ambitions go far beyond this. Their Trump Media & Technology Group plans to raise $2.5 billion to establish Bitcoin reserves, a strategy similar to that of Michael Saylor’s MicroStrategy. The latter has already made Bitcoin a core component of its corporate asset allocation, continuously increasing holdings to strengthen the value of Bitcoin per share.
American Bitcoin is also promoting a similar “staking sats” strategy, aiming to build a corporate model with market value closely tied to Bitcoin’s price, replicating the successful path proven by MicroStrategy.
Michael Saylor’s Key Role and Enlightenment
Why do the Trump brothers place such importance on Bitcoin? Eric admits that the spark igniting their enthusiasm for this asset was Michael Saylor. He recalls that Saylor seriously suggested they use Mar-a-Lago as collateral to buy Bitcoin and encouraged them, saying, “Follow my lead; this is a rare opportunity.”
Eric adds that he is attracted to the crypto industry because this ecosystem is never reluctant to invite intelligent participants. “It’s hard to see this kind of openness in traditional industries. The big players are willing to invite competitors to participate.” He straightforwardly states that top wealth centers around the world—from Middle Eastern royalty and African billionaires to Asian family offices—are flowing into Bitcoin. Last year, fewer than 100 companies adopted Bitcoin strategies, but now it has become a global trend.
Challenging the Financial System: Cryptocurrency as the Cure
The Trump sons’ obsession with cryptocurrencies also stems from dissatisfaction with the traditional financial system. Eric revealed that their entry into the crypto space was driven by a deep understanding of the financial system after their bank accounts were frozen. He bluntly said, “The entire system has already been weaponized. I don’t say this often, but I sincerely hope some big banks disappear—they deserve it.”
In his view, Bitcoin and cryptocurrencies are the best solutions to these problems. “They make everything cheaper, faster, safer, more transparent, and the entire system operates more practically.”
Political Backlash and Controversies
The Trump family’s large-scale involvement in the crypto space has already attracted political concern. Democratic Congressman Maxine Waters recently proposed the “2025 Crypto Asset Fair Trading Act,” which aims to prohibit politicians and their families from heavily investing in crypto assets. At the same time, Democratic officials are demanding suspicious transaction reports related to the Trump family’s cryptocurrency dealings, specifically mentioning tokens issued and sold by Trump Coin (TRUMP) and World Liberty Financial (WLF), questioning whether there are conflicts of interest.
In response, Eric countered that the transparency and decentralization inherent in cryptocurrencies are the best checks against corruption. The Trump sons’ dedicated investments and optimistic outlook are becoming a new force driving the global adoption of crypto assets.