US President Trump: Secret #Bitcoin Whale? Eric Trump Says
In a surprising revelation, #EricTrump confirmed that his father, President Donald Trump, holds a substantial amount of Bitcoin and strongly believes in its future.
Calling Bitcoin “digital gold,” Eric predicted explosive growth for the asset and referred to their holdings as a “huge personal betUS President Trump: Secret Bitcoin Whale? Eric Trump Says Yes
In an unexpected revelation, Eric Trump confirmed that his father, President Donald Trump, holds a significant amount of Bitcoin and is a firm believer in its future potential. Referring to Bitcoin as “digital gold,” Eric predicted explosive growth for the cryptocurrency and described their holdings as a “huge personal bet,” although he refrained from disclosing specific figures.
This statement comes amid growing indications that Donald Trump’s views on cryptocurrency are shifting quickly. According to Eric, the former president now considers cryptocurrency strategically important for the United States, warning that if America doesn't embrace it, China will. Trump reportedly noted that crypto is “very popular” and “extremely hot right now,” emphasizing Bitcoin’s relative price stability compared to traditional markets during April’s volatility.
Eric also revealed a significant policy change: President Trump has allegedly stopped the sale of government-seized Bitcoin, instead issuing executive orders in March to preserve and expand the nation's crypto holdings. Rather than liquidating seized assets, the administration is said to be building a “national crypto reserve” and reinvesting funds into Bitcoin and other cryptocurrencies through forfeiture processes.
Paul Atkins to Lead the SEC
The interview also touched on regulatory changes under Trump’s administration. Former SEC commissioner Paul Atkins has reportedly been appointed to head a restructured SEC, as part of a broader initiative to address the regulatory uncertainty that has long hindered crypto investors.
Meanwhile, the TRUMP token, a meme coin launched unofficially on Trump’s inauguration day, briefly reached a market cap of $75 billion within 48 hours before crashing by over 90%. Critics have raised questions about whether Trump indirectly benefited from the token’s hype.
President Trump has denied any involvement with the coin's performance or distribution, stating that he has no financial interest and is unaware of the specifics surrounding it.