Deep Tide TechFlow news, on August 21, according to CoinDesk, Eric Trump, son of U.S. President Trump, stated at the SALT conference held in Jackson Hole, Wyoming, that Bitcoin is destined to surpass 1 million dollars in the future. Eric Trump claims to be a 'Bitcoin maximalist' and currently dedicates over 50% of his time to cryptocurrency projects. He predicts that Bitcoin will reach 175,000 dollars by the end of the year.
Earlier this year, Eric Trump co-founded the Bitcoin mining company American Bitcoin with his brother Donald Trump Jr., which has merged with American Data Center. The company is expected to go public on Nasdaq through a merger with Gryphon Digital Mining, with the Trump brothers holding a 20% stake and Bitcoin mining company Hut 8 holding the remaining 80% stake.