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Donald Trump's Son Eric Trump Explains Bitcoin (BTC)! How Much BTC Does He and His Father Have?
According to a report by Bloomberg, ***Eric Trump, son of the President of the United States Donald Trump, speaking at the TOKEN2049 conference in Dubai, talked about Bitcoin (BTC).
Eric Trump expressed his strong support for Bitcoin and described BTC as "digital gold."
Eric Trump announced that both he and his father, President Donald Trump, own a large amount of Bitcoin.
Eric Trump confirmed that it is a significant investment, although he did not provide exact figures regarding the amount of Bitcoin.
Eric Trump, who describes Bitcoin as "digital gold," stated that BTC will rise much higher and will reach new ATHs in the long term.
Eric Trump had previously stated that he had invested in altcoins named Ethereum (ETH), Solana (SOL), and Sui (SUI) in addition to Bitcoin.
Eric's statements reflect Donald Trump's support for Bitcoin and cryptocurrencies. Indeed, Trump and his administration have taken significant steps. In this regard, in March, Trump signed an executive order to create a national Bitcoin reserve consisting of seized Bitcoins, halting government sales.
Trump also ordered the creation of a broader crypto stock that includes the seized altcoins.
Trump appointed Paul Atkins as the new SEC Chairman as part of his support for the cryptocurrency sector.