Eric Trump admitted that their family's experiments with cryptocurrency were inspired by Michael Saylor, who suggested mortgaging their residence in Mar-a-Lago to buy bitcoin.
At the Bitcoin 2025 conference in Las Vegas, Donald Trump Jr. and Eric Trump stated that bitcoin could reach a new price peak in 2026. Donald Jr. voiced a forecast in the range of $150,000 to $175,000. Eric Trump jokingly suggested that bitcoin would 'go to the moon,' writes The Block.
According to Eric, the demand for bitcoin continues to grow. 'Every day billions of dollars are invested in it. Even 0.1 BTC will be worth a fortune,' he noted. Eric reported that the demand for the currency with limited issuance exceeds supply, and this is observed not only in the USA but also in countries in the Middle East, Africa, and Asia.
Eric reiterated that the interest in digital assets in the family arose after they faced account blockages in traditional banks. And communication with co-founder of Strategy Michael Saylor, who suggested mortgaging their residence in Mar-a-Lago to buy bitcoins, inspired the Trumps to their recent experiments with cryptocurrency.